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Sweden Hits COVID-19 “Triple Whammy”: No Lockdowns, Low Deaths & Minimal Economic Damage

14-8-2020 < SGT Report 29 568 words
 

from ZeroHedge:



Perhaps the biggest example of the Western media’s inherent biases surrounding its coverage of Sweden’s approach to tackling COVID-19. Plenty of media outlets decried the country’s “massive” fatality rate compared to its lockdown-favoring neighbors, but failed to add the context necessary to see that the difference was only a couple thousand deaths, and that Sweden’s per capita mortality rate was still lower than Britain’s, and other countries that favored lockdowns.



When Anders Tegnell, the architect of Sweden’s strategy, said during an interview that he would have done things “differently” if given a second chance, the Western press, including the NYT, rushed to frame this as an admission of guilt for failing to order the types of restrictive lockdowns seen in other European countries. Tegnell later clarified that this isn’t what he meant at all.


What’s more, in Sweden, deaths have declined nearly to zero. And since the country’s economy has remained open this whole time, there’s little risk of resurgence when whatever minimal restrictions are still in place are finally lifted.



In a column published Thursday, The Telegraph’s Allister Heath argued that Sweden’s success at fighting the virus while minimizing economic damage elucidates the depth of the British medical establishment’s incompetence, as it was Britain’s health experts whose advice PM Johnson assiduously followed.


Read an excerpt from the column below (courtesy of the Telegraph):


So now we know: Sweden got it largely right, and the British establishment catastrophically wrong. Anders Tegnell, Stockholm’s epidemiologist-king, has pulled off a remarkable triple whammy: far fewer deaths per capita than Britain, a maintenance of basic freedoms and opportunities, including schooling, and, most strikingly, a recession less than half as severe as our own.


Our arrogant quangocrats and state “experts” should hang their heads in shame: their reaction to coronavirus was one of the greatest public policy blunders in modern history, more severe even than Iraq, Afghanistan, the financial crisis, Suez or the ERM fiasco. Millions will lose their jobs when furlough ends; tens of thousands of small businesses are failing; schooling is in chaos, with A-level grades all over the place; vast numbers are likely to die from untreated or undetected illnesses; and we have seen the first exodus of foreigners in years, with the labour market survey suggesting a decline in non-UK born adults.


Pandemics always come with large economic and social costs, for reasons of altruism as well as of self-interest. The only way to contain the spread of a deadly, contagious disease, in the absence of a cure or vaccine, is to social distance; fear and panic inevitably kick in, as the public desperately seeks to avoid catching the virus. A “voluntary” recession is almost guaranteed.


But if a drop in GDP is unavoidable, governments can influence its size and scale. Politicians can react in one of three ways to a pandemic. They can do nothing, and allow the disease to rip until herd immunity is reached. Quite rightly, no government has pursued this policy, out of fear of mass deaths and total social and economic collapse.


Read More @ ZeroHedge.com



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