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The Lancet – The Swedish COVID-19 strategy revisited

Summary:
Sweden’s failing strategy - a virus breeding hothouse.As of April 16, 2021, more than 13 700 people have died from COVID-19 in Sweden. The country has one of the highest infection rates in western Europe according to Our World in Data COVID-19 statistics, with 606 new infections per million per day, while its neighbours Denmark, Finland, and Norway reported 115, 62, and 112 new infections per million per day, respectively (April 15, 2021). New and more infective and deadly variants have taken over, and by April 15, 2021, the UK SARS-Cov-2 variant was supected to have caused 75–100% of all new cases in all regions. This indicates more rapid spread, more deaths, and that more young people will be affected, with intensive care units already at full capacity in some regions.4While other

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 Sweden’s failing strategy - a virus breeding hothouse.


As of April 16, 2021, more than 13 700 people have died from COVID-19 in Sweden. The country has one of the highest infection rates in western Europe according to Our World in Data COVID-19 statistics, with 606 new infections per million per day, while its neighbours Denmark, Finland, and Norway reported 115, 62, and 112 new infections per million per day, respectively (April 15, 2021). New and more infective and deadly variants have taken over, and by April 15, 2021, the UK SARS-Cov-2 variant was supected to have caused 75–100% of all new cases in all regions. This indicates more rapid spread, more deaths, and that more young people will be affected, with intensive care units already at full capacity in some regions.4

While other countries are closing down in response to this new surge in cases, Sweden is opening up—high schools were opened on April 1, 2021. To continue on the same trajectory in the face of current trends, without timely action by agency and government leadership, raises concerns about governance and accountability, and ultimately about fundamental ethics and values.


The Lancet - The Swedish COVID-19 strategy revisited


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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