Sweden's economy actually grew in the first quarter after it opted against a full virus lockdown

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It comes at a time when the country has the highest coronavirus death rate in the world.

), the broadest measure of economic health, grew at an annual rate of 0.4% in the first quarter.

The Swedish government has recommended its citizens should stay and work from home, if possible. It has also brought in social-distancing measures, but people remain free to visit bars and restaurants, and students under 16-years-old continue to go to school. To date, Sweden has reported 35,727 cases of the coronavirus, with 4,266 deaths, according to data compiled by Johns Hopkins University.

Comparatively, Brazil has recorded 4.5 deaths per million per day on a rolling average over the last week, while the U.S. has reported 3 deaths per million per day since May 21. The National Institute of Economic Research, a respected think tank, said in a statement published April 29 that it believed Sweden's economy would shrink 7% this year, with unemployment anticipated to rise to 10.2%.

 

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Damn what a smart country historically and now

Well what’s the point in ruining countless people’s lives if a lockdown barely helps?

JudgeMiller Steveonomics - Are these numbers right? 2.5 more people per *million* died in Sweden. Does that mean all these measures in the US successfully saved less than 1,000 people?

But at what cost

Stay closed New York - the rest of us are open for business.

Mich higher level of activity in hospitals, medical and funeral homes

In return they have 3 times more deaths than other European countries.

“Calendar adjusted and compared with the first quarter of 2019, GDP increased by 0.4 percent.” Well using that metric, our GDP grew too by 0.2% compared to same quarter in 2019.

SMART PEOPLE

Statistics are always behind

JMilei GiacoDiego lacha RCachanosky aetchebarne Suecia creció en el primer cuatrimestre bajo su modelo de cuarentena responsable.

80000 new unemployed since March.

Sweden definitely led by example in their handling of the coronavirus!

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