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The New Coffee Room

  1. TNCR
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  3. Swedish model and the economy

Swedish model and the economy

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  • jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote on last edited by
    #1

    I've often asked the question, 'does the Swedish model mean that it's possible to not implement social distancing and still not have cases grow out of control? Or does it mean that Swedes will do a reasonable job of social distancing without coercion?'

    (put aside for now whether their case and death rates count as success or not)

    One indicator would be the economic results. If the economy takes the same hit as countries with stricter lockdowns, it argues for the second interpretation.

    The Swedish central bank put out some estimates of the impact on GDP. It's pretty much in the ballpark with the UK, Germany, Spain and even Italy if you take their higher estimate.

    https://www.cnbc.com/2020/04/30/coronavirus-sweden-economy-to-contract-as-severely-as-the-rest-of-europe.html

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    L 1 Reply Last reply
    • jon-nycJ Offline
      jon-nycJ Offline
      jon-nyc
      wrote on last edited by
      #2

      I'm sure he cherry picked Nashville because the numbers are uncannily close to Stockholm. But still, its probably in the ballpark of many other cities.

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      1 Reply Last reply
      • jon-nycJ jon-nyc

        I've often asked the question, 'does the Swedish model mean that it's possible to not implement social distancing and still not have cases grow out of control? Or does it mean that Swedes will do a reasonable job of social distancing without coercion?'

        (put aside for now whether their case and death rates count as success or not)

        One indicator would be the economic results. If the economy takes the same hit as countries with stricter lockdowns, it argues for the second interpretation.

        The Swedish central bank put out some estimates of the impact on GDP. It's pretty much in the ballpark with the UK, Germany, Spain and even Italy if you take their higher estimate.

        https://www.cnbc.com/2020/04/30/coronavirus-sweden-economy-to-contract-as-severely-as-the-rest-of-europe.html

        L Offline
        L Offline
        Loki
        wrote on last edited by
        #3

        Never thought I’d see the day when Sweden flipped as the example for both sides. Lol

        jon-nycJ 1 Reply Last reply
        • markM Offline
          markM Offline
          mark
          wrote on last edited by
          #4

          Swedish model?

          alt text

          1 Reply Last reply
          • L Loki

            Never thought I’d see the day when Sweden flipped as the example for both sides. Lol

            jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by
            #5

            @Loki said in Swedish model and the economy:

            Never thought I’d see the day when Sweden flipped as the example for both sides. Lol

            The question I keep asking is ‘what, exactly, is it an example of?’

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            L HoraceH 2 Replies Last reply
            • jon-nycJ jon-nyc

              @Loki said in Swedish model and the economy:

              Never thought I’d see the day when Sweden flipped as the example for both sides. Lol

              The question I keep asking is ‘what, exactly, is it an example of?’

              L Offline
              L Offline
              Loki
              wrote on last edited by
              #6

              @jon-nyc said in Swedish model and the economy:

              @Loki said in Swedish model and the economy:

              Never thought I’d see the day when Sweden flipped as the example for both sides. Lol

              The question I keep asking is ‘what, exactly, is it an example of?’

              I have always argued nothing.

              1 Reply Last reply
              • jon-nycJ jon-nyc

                @Loki said in Swedish model and the economy:

                Never thought I’d see the day when Sweden flipped as the example for both sides. Lol

                The question I keep asking is ‘what, exactly, is it an example of?’

                HoraceH Online
                HoraceH Online
                Horace
                wrote on last edited by
                #7

                @jon-nyc said in Swedish model and the economy:

                @Loki said in Swedish model and the economy:

                Never thought I’d see the day when Sweden flipped as the example for both sides. Lol

                The question I keep asking is ‘what, exactly, is it an example of?’

                It's an example of a country where people are still going to work and the kids are still going to school.

                Education is extremely important.

                1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #8

                  Primary and middle schools are open, high schools and colleges are closed.

                  Workplaces are open, but how many are showing up?

                  The central bank expects their economic hit to be of a piece with the rest of Europe.

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  1 Reply Last reply
                  • HoraceH Online
                    HoraceH Online
                    Horace
                    wrote on last edited by
                    #9

                    I think we're allowed to assume that people are showing up to work there. And the kids are in school. It's an example of that.

                    Education is extremely important.

                    1 Reply Last reply
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