Sweden Hits the COVID-19 ‘Grand Slam’: No Lockdowns, Low Deaths & Minimal Economic Damage

ER Editor: We remind readers of other recent articles we’ve published on Sweden’s success in managing the so-called pandemic.  See Sweden: the One and Only Chart That Matters,

Sweden Defeated The Coronavirus Without A Lockdown – Now Its Companies Are Reaping The Benefits, and just this past week – Sweden’s Success Is Kryptonite For Lockdown And Mask Advocates:

Here, we pick up a Zerohedge piece which republishes a section of an article from the UK’s Telegraph (paywall), a bastion of the Establishment right, and it’s seriously criticial of the UK government’s approach. As are many of a truly conservative stance in the UK with its so-called ‘conservative’ government.

Here’s what life outside looks like in Sweden, with Tegnell being commemorated in a tattoo:

********

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

Profile picture for user Tyler Durden  TYLER DURDEN

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 (pictured), 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.

The second approach involves imposing proportionate restrictions to facilitate social distancing, banning certain sorts of gatherings while encouraging and informing the public. The Swedes pursued a version of this centrist strategy: there was a fair bit of compulsion, but also a focus on retaining normal life and keeping schools open. The virus was taken very seriously, but there was no formal lockdown. Tegnell is one of the few genuine heroes of this crisis: he identified the correct trade-offs.

The third option is the full-on statist approach, which imposes a legally binding lockdown and shuts down society. Such a blunderbuss approach may be right under certain circumstances – if a vaccine is imminent – or for some viruses – for example, if we are ever hit with one that targets children and comes with a much higher fatality rate – but the latest economic and mortality statistics suggest this wasn’t so for Covid-19.

Almost all economists thought that Sweden’s economy would suffer hugely from its idiosyncratic strategy. They were wrong. Sweden’s GDP fell by just 8.6 per cent in the first half of the year, all in the second quarter, and its excess deaths jumped 24 per cent. A big part of Sweden’s recession was caused by a slump in demand for its exports from its fully locked-down neighbours. One could speculate that had all countries pursued a Swedish-style strategy, the economic hit could have been worth no more than 3-4 per cent of GDP. That could be seen as the core cost of the virus under a sensible policy reaction.

By contrast, Britain’s economy slumped by 22.2 per cent in the first half of the year, a performance almost three times as bad as Sweden’s, and its excess deaths shot up by 45 per cent. Spain’s national income slumped even more (22.7 per cent), and France’s (down 18.9 per cent) and Italy’s (down 17.1 per cent) slightly less, but all three also suffered far greater per capita excess deaths than Sweden. The Swedes allowed the virus to spread in care homes, so if that major failure had been fixed, their death rate could have been a lot lower still.

* * *

Source: Telegraph

************

Original article

••••

The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)

••••

Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.

••••

Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.

••••

Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.

Be the first to comment

Leave a Reply

Your email address will not be published.


*