4 ms·
We can roughly estimate this from the effects of the 1918 flu, which killed way more people, and killed healthy, working age people. The overall effect on GDP w
by logicchains 6y ago
We can roughly estimate this from the effects of the 1918 flu, which killed way more people, and killed healthy, working age people. The overall effect on GDP was tiny compared to the effect we're seeing from the lockdowns.
- loopz 6y agoTwo totally different economies. People will self-lockdown much more extensively today. Economies were much more local 100 years ago. GDP is also a meaningless metric when measured in currency, and is anyway antithesis of lockdown/war times. Sweden didn't lockdown but is still hit hard economically, and is more isolated today than surrounding countries.