3 ms·

Sweden, which has pretty much no lockdown to speak of, is expecting a massive drop (-4.2%) in GDP this year. https://www.government.se/497453/globalassets/gover

Sweden, which has pretty much no lockdown to speak of, is expecting a massive drop (-4.2%) in GDP this year. https://www.government.se/497453/globalassets/government/dokument/finansdepartementet/pdf/varbudget-2020/key-indicators-forecast-15-april-2020.pdf https://www.government.se/497453/globalassets/government/dok... I think this is comparable with economies with a lockdown. The economy was going to be shut one way or another.

fidelramos 7y ago
Even countries with no lockdown will see their exports hurt, damaging their economies.
- _delirium 7y ago
  Domestic demand as well. Sweden hasn't formally closed wide ranges of things, but many Swedes have chosen to avoid them anyway. For example, restaurants are open, but their business is way down.
burrows 7y ago
> The economy was going to be shut one way or another. That might be true. But there is an ethical difference between choosing to sleep at 9pm and an 8.30pm government enforced Ambien.