I see a frightening parallel between Sweden’s coronavirus strategy and what’s currently happening in the United States.
—The U.S. leads the world in deaths, cases and hospitalizations…with no end in sight.
—Sweden never locked down its population. Life continued as normal (sort of). Per million people, Sweden has suffered 40 percent more deaths than the United States. Comparing straight up death numbers, Sweden has 12 times more than Norway, seven times more than Finland and six times more than Denmark.
—Many states in the U.S. locked down late and reopened far too early in an attempt to salvage their economies. The economies still tumbled. Now they are rolling back their economic reopenings, and at the current rate of new cases, may have to enter another period of lock down. Further damaging an already wounded economy.
—Sweden gained little from their coronavirus strategy. “In short, Sweden suffered a vastly higher death rate while failing to collect on the expected economic gains.”
Sweden Has Become the World’s Cautionary Tale
WHY did Sweden’s economy suffer the same fate as their neighbors? Because a majority of people (no matter where you are) know that it’s not safe to carry on like it’s normal—in the middle of a global pandemic. And that group is large enough to keep ANY economy down. We’re seeing that here in the U.S.
And it’s only going to get worse as the number of cases, hospitalizations and deaths continue to rise in the U.S.
Restaurant and Hotel activity is still WAY DOWN.
The same with Entertainment and Recreation.