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Tomas Pueyo – Coronavirus: Should We Aim for Herd Immunity Like Sweden?

Summary:
And What Can Countries like the US or Netherlands Learn from It? Hammer and Dance with an initial aggressive lowdown seems to cause the least harm to the economy.      Sweden has famously followed a different coronavirus strategy than most of the rest of the Developed world: Let the virus run loose, curb it enough to make sure it doesn’t overwhelm the healthcare system like in Hubei, Italy or Spain, but don’t try to eliminate it. They think stopping it completely is impossible. The natural consequence is that most citizens get infected, and that eventually slows down the epidemic. That’s why, in short, people call that strategy “Herd Immunity”. The other strategy is the Hammer and the Dance: Aggressively attack the coronavirus by locking down the economy. Once curbed, jump

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And What Can Countries like the US or Netherlands Learn from It?



Hammer and Dance with an initial aggressive lowdown seems to cause the least harm to the economy. 


    Sweden has famously followed a different coronavirus strategy than most of the rest of the Developed world: Let the virus run loose, curb it enough to make sure it doesn’t overwhelm the healthcare system like in Hubei, Italy or Spain, but don’t try to eliminate it. They think stopping it completely is impossible. The natural consequence is that most citizens get infected, and that eventually slows down the epidemic. That’s why, in short, people call that strategy “Herd Immunity”.

The other strategy is the Hammer and the Dance: Aggressively attack the coronavirus by locking down the economy. Once curbed, jump into the Dance by replacing the aggressive lockdown with cheap and intelligent measures to control the virus.

Some countries and states, such as the Netherlands and the UK, or US states like Texas and Georgia, have implemented measures in between the two strategies. So which strategy is best?

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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