Thread: Corona Virus : Sweden Has Become the World’s Cautionary Tale

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  • #1
    Muhammad Hafeez
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    سویڈن  کی تعریفیں کرنے والے اور اس کا ہرڈ ایمیونٹی ماڈل فالو کرنے والے یہ آرٹیکل پڑھیں ،

    اب سویڈن میں شرح اموات امریکہ سے بڑھ گئی ہے ،

    اس کی اکانومی 4.5% سے سکڑ رہی ہے ،

    نہ تو جانیں بچا پائے نہ ہی اکانومی

    Sweden Has Become the World’s Cautionary Tale

    By Peter S. Goodman

    Its decision to carry on in the face of the pandemic has yielded a surge of deaths without sparing its economy from damage — a red flag as the United States and Britain move to lift lockdowns.

    Ever since the coronavirus emerged in Europe, Sweden has captured international attention by conducting an unorthodox, open-air experiment. It has allowed the world to examine what happens in a pandemic when a government allows life to carry on largely unhindered.

    This is what has happened: Not only have thousands more people died than in neighboring countries that imposed lockdowns, but Sweden’s economy has fared little better.

    “They literally gained nothing,” said Jacob F. Kirkegaard, a senior fellow at the Peterson Institute for International Economics in Washington. “It’s a self-inflicted wound, and they have no economic gains.”

    The results of Sweden’s experience are relevant well beyond Scandinavian shores. In the United States, where the virus is spreading with alarming speed, many states have — at President Trump’s urging — avoided lockdowns or lifted them prematurely on the assumption that this would foster economic revival, allowing people to return to workplaces, shops and restaurants.

    In Britain, Prime Minister Boris Johnson — previously hospitalized with Covid-19 — reopened pubs and restaurants last weekend in a bid to restore normal economic life.

    Implicit in these approaches is the assumption that governments must balance saving lives against the imperative to spare jobs, with the extra health risks of rolling back social distancing potentially justified by a resulting boost to prosperity. But Sweden’s grim result — more death, and nearly equal economic damage — suggests that the supposed choice between lives and paychecks is a false one: A failure to impose social distancing can cost lives and jobs at the same time.

    Sweden put stock in the sensibility of its people as it largely avoided imposing government prohibitions. The government allowed restaurants, gyms, shops, playgrounds and most schools to remain open. By contrast, Denmark and Norway opted for strict quarantines, banning large groups and locking down shops and restaurants.

    More than three months later, the coronavirus is blamed for 5,420 deaths in Sweden, according to the World Health Organization. That might not sound especially horrendous compared with the more than 129,000 Americans who have died. But Sweden is a country of only 10 million people. Per million people, Sweden has suffered 40 percent more deaths than the United States, 12 times more than Norway, seven times more than Finland and six times more than Denmark.

    https://static01.nyt.com/images/2020/07/06/business/06sweden-02/merlin_171728283_4312516e-eec8-4ff7-bbce-5e06f49445dc-superJumbo.jpg?quality=90&auto=webp

    Image
    Per million people, Sweden has suffered 40 percent more coronavirus-related deaths than the United States.Credit…Jonathan Nackstrand/Agence France-Presse — Getty Images

    The elevated death toll resulting from Sweden’s approach has been clear for many weeks. What is only now emerging is how Sweden, despite letting its economy run unimpeded, has still suffered business-destroying, prosperity-diminishing damage, and at nearly the same magnitude of its neighbors.

    Sweden’s central bank expects its economy to contract by 4.5 percent this year, a revision from a previously expected gain of 1.3 percent. The unemployment rate jumped to 9 percent in May from 7.1 percent in March. “The overall damage to the economy means the recovery will be protracted, with unemployment remaining elevated,” Oxford Economics concluded in a recent research note.

    This is more or less how damage caused by the pandemic has played out in Denmark, where the central bank expects that the economy will shrink 4.1 percent this year, and where joblessness has edged up to 5.6 percent in May from 4.1 percent in March.

    In short, Sweden suffered a vastly higher death rate while failing to collect on the expected economic gains.

    The coronavirus does not stop at national borders. Despite the government’s decision to allow the domestic economy to roll on, Swedish businesses are stuck with the same conditions that produced recession everywhere else. And Swedish people responded to the fear of the virus by limiting their shopping — not enough to prevent elevated deaths, but enough to produce a decline in business activity.

    Here is one takeaway with potentially universal import: It is simplistic to portray government actions such as quarantines as the cause of economic damage. The real culprit is the virus itself. From Asia to Europe to the Americas, the risks of the pandemic have disrupted businesses while prompting people to avoid shopping malls and restaurants, regardless of official policy.

    https://static01.nyt.com/images/2020/07/06/business/06sweden-03/merlin_171448116_dc72db1b-94a8-4bf3-89c9-4ae78673174b-superJumbo.jpg?quality=90&auto=webp

    Image
    Sweden’s central bank expects its economy to contract by 4.5 percent this year, a revision from a previously expected gain of 1.3 percent. Credit…Jonathan Nackstrand/Agence France-Presse — Getty Images

    Sweden is exposed to the vagaries of global trade. Once the pandemic was unleashed, it was certain to suffer the economic consequences, said Mr. Kirkegaard, the economist.

    “The Swedish manufacturing sector shut down when everyone else shut down because of the supply chain situation,” he said. “This was entirely predictable.”

    What remained in the government’s sphere of influence was how many people would die.

    “There is just no questioning and no willingness from the Swedish government to really change tack, until it’s too late,” Mr. Kirkegaard said. “Which is astonishing, given that it’s been clear for quite some time that the economic gains that they claim to have gotten from this are just nonexistent.”

    Norway, on the other hand, was not only quick to impose an aggressive lockdown, but early to relax it as the virus slowed, and as the government ramped up testing. It is now expected to see a more rapid economic turnaround. Norway’s central bank predicts that its mainland economy — excluding the turbulent oil and gas sector — will contract by 3.9 percent this year. That amounts to a marked improvement over the 5.5 percent decline expected in the midst of the lockdown.

    Sweden’s laissez faire approach does appear to have minimized the economic damage compared with its neighbors in the first three months of the year, according to an assessment by the International Monetary Fund. But that effect has worn off as the force of the pandemic has swept through the global economy, and as Swedish consumers have voluntarily curbed their shopping anyway.

    Researchers at the University of Copenhagen gained access to credit data from Danske Bank, one of the largest in Scandinavia. They studied spending patterns from mid-March, when Denmark put the clamps on the economy, to early April. The pandemic prompted Danes to reduce their spending 29 percent in that period, the study concluded. During the same weeks, consumers in Sweden — where freedom reigned — reduced their spending 25 percent.

    Strikingly, older people — those over 70 — reduced their spending more in Sweden than in Denmark, perhaps concerned that the business-as-usual circumstances made going out especially risky.

    Collectively, Scandinavian consumers are expected to continue spending far more robustly than in the United States, said Thomas Harr, global head of research at Danske Bank, emphasizing those nations’ generous social safety nets, including national health care systems. Americans, by contrast, tend to rely on their jobs for health care, making them more cautious about their health and their spending during the pandemic, knowing that hospitalization can be a gateway to financial calamity.

    “It’s very much about the welfare state,” Mr. Harr said of Scandinavian countries. “You’re not as concerned about catching the virus, because you know that, if you do, the state is paying for health care.”

    https://www.nytimes.com/2020/07/07/business/sweden-economy-coronavirus.html

    #2
    Muhammad Hafeez
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    https://pbs.twimg.com/media/EczRJJzWsAAzygD?format=jpg&name=medium

    #3
    Believer12
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    ہور چوپو کے وزن پر ہم سویڈش لوگوں کو ہور کھاو آیسکریماں کہتے ہیں، ان جاہلوں نے کرونا کے عین پیک پر لاک ڈاون نہیں کیا اور ایک دو دن دھوپ کیا نکل آی ساری قوم نے بازاورں میں نکل کر آئسکریمیں انجواے کیں، انکے اعداد و شمار ہمسایوں سے ملا کردیکھ لیں زمین آسمان کا فرق ہوگا مثلا ڈنمارک میں ٹوٹل کرونا مریض بارہ ہزارناروے میں نو ہزار مگر سویڈن میں پجھتر ہزار ہیں

    یوتھئے عمران خان اور سویڈش پالیسی کو دنیا کی ذہین ترین پالیسی قرار دے کر قلابازیاں مارتے رہے مگر اب ثابت ہوا کہ دونوں اطراف کے حکمران احمق ترین تھے

    سویڈش اگر لاک ڈاون کردیتے تو آج ڈنمار ک اور ناروے کی طرح سکون سے بیٹھے ہوتے

    #4
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    اک چمچی شہد نال تھوڑی کلونجی تے کرونا وائرس ختم۔ ایوی لیبارٹریاں وچ سر ماردے پاگل تے سویڈن تے پیچھے پے او سرکار

    #5
    GeoG
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    اک چمچی شہد نال تھوڑی کلونجی تے کرونا وائرس ختم۔ ایوی لیبارٹریاں وچ سر ماردے پاگل تے سویڈن تے پیچھے پے او سرکار

    یہ مسلمانوں کے لئے تجویز کیا گیا ہے

    آپکے لیے آدھ پاؤ کچلا ڈیڑھ لیٹر تیزاب سے ساتھ

    اگر مرض بچ گیا تو واپس آنا اور بہتر علاج بتاؤں گا

    :lol: :lol: :lol:

    #6
    SAIT
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    یہ مسلمانوں کے لئے تجویز کیا گیا ہے آپکے لیے آدھ پاؤ کچلا ڈیڑھ لیٹر تیزاب سے ساتھ اگر مرض بچ گیا تو واپس آنا اور بہتر علاج بتاؤں گا :lol: :lol: :lol:

    دو کلو بھنے ہووے چنے کیلے کے درخت پر چڑھ کر کھانے والا علاج شائد آپ بھول گئے ہیں

    #7
    Mujahid
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    S     L    A    P  

    #8
    GeoG
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    S L A P

    Mujahid Sahib Sahih Spelling ALPS hotay hain

    Garmi Hai aur aap ka paharon par janay ka dil kar raha ho ga … Alps hota hai :lol:

    #9
    Mujahid
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    Mujahid Sahib Sahih Spelling ALPS hotay hain Garmi Hai aur aap ka paharon par janay ka dil kar raha ho ga … Alps hota hai :lol:

    Only speak when spoken to

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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    کلونجی کی ایک چٹکی آٹھ دس قطرے خالص شہد کے ساتھ ملا کر شہادت کی انگلی سے ہر روزصبح کے وقت جاے مخصوصہ پر مالش کرنے سے آدمی کا دماغ تیز ہوتا ہے .. پی ایچ ڈی والے حضرات کے لئے یہ مشق بہت ہی کامیاب ہے ..

    اس کے علاوہ جیو جی کے لئے ٭کلونجی کا تیل کاخارش والی جگہ پر لگانے سے خارش دور ہوجاتی ہے۔

    #11
    shami11
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    موضوع پر چپکے رہو

    :serious: :serious:  

    S L A P

    #12
    BlackSheep
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    کلونجی کی ایک چٹکی آٹھ دس قطرے خالص شہد کے ساتھ ملا کر شہادت کی انگلی سے ہر روزصبح کے وقت جاے مخصوصہ پر مالش کرنے سے آدمی کا دماغ تیز ہوتا ہے .. پی ایچ ڈی والے حضرات کے لئے یہ مشق بہت ہی کامیاب ہے ..

    :cwl: ;-) :cwl:

    #13
    Mujahid
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    موضوع پر چپکے رہو

    :serious: :serious:

    You are no longer a good Deputy.

    Samajhnay walay samajh gaye, jo na samjhay woh………………………………………..hai.

    #14
    GeoG
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    کلونجی کی ایک چٹکی آٹھ دس قطرے خالص شہد کے ساتھ ملا کر شہادت کی انگلی سے ہر روزصبح کے وقت جاے مخصوصہ پر مالش کرنے سے آدمی کا دماغ تیز ہوتا ہے .. پی ایچ ڈی والے حضرات کے لئے یہ مشق بہت ہی کامیاب ہے ..

    اس کے علاوہ جیو جی کے لئے ٭کلونجی کا تیل کاخارش والی جگہ پر لگانے سے خارش دور ہوجاتی ہے۔

    وہ کیا ہے کہ سائنس کی رو سے انسانوں سے پہلے چوہے اور باندر پر تجربہ کرنا پڑتا ہے

    اسی لیے تیری جایے مخصوصہ پر دو گھنٹے بعد تجربہ کرتا ہوں

    :lol: :lol: :lol: :lol:

    #15
    GeoG
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    You are no longer a good Deputy. Samajhnay walay samajh gaye, jo na samjhay woh………………………………………..hai.

    مجاہد شامی سے پوچھ لو کہ موضوع سے اس کا کیا مطلب ہے

    :lol: :lol:

    #16
    shami11
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    اینڈ یو آر آلویز سڑا ہوا کریلا

    ھو آلویز سیز ٹاپک ٹاپک بٹ نیور برنگ اینی تھنگ پازیٹو

    اینڈ اباؤٹ دا سمجھ ، جو کہتا ہے وہی ہوتا ہے

    یو آر انا وڈا ڈیش

    :jhanda: :jhanda: :jhanda:

    You are no longer a good Deputy. Samajhnay walay samajh gaye, jo na samjhay woh………………………………………..hai.
    #17
    SAIT
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    وہ کیا ہے کہ سائنس کی رو سے انسانوں سے پہلے چوہے اور باندر پر تجربہ کرنا پڑتا ہے اسی لیے تیری جایے مخصوصہ پر دو گھنٹے بعد تجربہ کرتا ہوں :lol: :lol: :lol: :lol:

    اسکا علاج ابھی جاری ہے – کیونکہ اندر کا کیڑا ابھی مکمل طور پر مرا نہیں

    :hilar: :hilar: :hilar:

    #18
    shami11
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    سنا ہے اگر فنائیل کی گولیاں ایسی جگہ ڈالی جائیں ، جہاں سورج کی روشنی نہی پہنچ سکتی ، کیڑے مارنے کے لئے اچھی دوائی ثابت ہو سکتی ہے

    اسی لئے اسے پیٹیوں میں بھی ڈالا جاتا ہے

    اسکا علاج ابھی جاری ہے – کیونکہ اندر کا کیڑا ابھی مکمل طور پر مرا نہیں :hilar: :hilar: :hilar:
    #19
    حسن داور
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

    اینڈ یو آر آلویز سڑا ہوا کریلا ھو آلویز سیز ٹاپک ٹاپک بٹ نیور برنگ اینی تھنگ پازیٹو اینڈ اباؤٹ دا سمجھ ، جو کہتا ہے وہی ہوتا ہے یو آر انا وڈا ڈیش :jhanda: :jhanda: :jhanda:

    You are a very good deputy indeed….  And no one can snatch a chair of this rank from you … not even a Mujahid / Anjaan / Musician / Whatever …… And please stick to the topic … a member named Mujahid has called the judge as usual on another thread

    #20
    حسن داور
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    Re: Corona Virus : Sweden Has Become the World’s Cautionary Tale

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