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Is Sweden’s coronavirus strategy a cautionary tale or a success story?

Summary:
What about the economy? “This has never been done to save the economy. It’s been done to save public health,” says Tegnell. And that means public health in a broad sense, he adds, not just the coronavirus. That said, Sheridan’s spending comparison suggest that the economic impact was only slightly reduced by not imposing a more effective compulsory lockdown. “It’s very little in economic costs for saving a larger number of lives,” he says. New ScientistIs Sweden's coronavirus strategy a cautionary tale or a success story?

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What about the economy? “This has never been done to save the economy. It’s been done to save public health,” says Tegnell. And that means public health in a broad sense, he adds, not just the coronavirus.

That said, Sheridan’s spending comparison suggest that the economic impact was only slightly reduced by not imposing a more effective compulsory lockdown. “It’s very little in economic costs for saving a larger number of lives,” he says.

New Scientist

Is Sweden's coronavirus strategy a cautionary tale or a success story?

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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