4 ms·

Coronavirus: Sweden's economy hit less hard by pandemic

10 points by elorant 6y ago

htnsao 6y ago
Coronavirus hysteria propagates via the internet. It's a spectacular example of Groupthink [1] and the Madness of Crowds. "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."[2] [1] https://en.m.wikipedia.org/wiki/Groupthink https://en.m.wikipedia.org/wiki/Groupthink [2] https://en.m.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds https://en.m.wikipedia.org/wiki/Extraordinary_Popular_Delusi...
Rebelgecko 6y ago
Even though the article touches on this a bit, it might be worth mentioning that Sweden also had some of the highest death rates in the world. Even though I think the US has done a poor job handling COVID-19 and co-morbidities like obesity are a lot more common here, we still have a lower death rate than Sweden (although the way things are going we might catch up in a month or two)
- danielscrubs 6y ago
  6:th highest in the world per million. https://www.statista.com/statistics/1104709/coronavirus-deaths-worldwide-per-million-inhabitants/ https://www.statista.com/statistics/1104709/coronavirus-deat... That even though we are not obese, doesn’t have a high population density, doesn’t have a touchy-feely culture, free healthcare. Our nordic neighbors are in the middle of the list. We did well economically, but got punished for it by having to send around $3 000 per working person to EUs crysis fund to save the EMU currency (which we don’t have). Our median wealth is also a lot smaller than many of the net contributors. In essence, it’s great to have a job, but it’s not so great having the highest taxes in the world https://nomadcapitalist.com/2017/08/07/countries-with-the-highest-tax/ https://nomadcapitalist.com/2017/08/07/countries-with-the-hi... to be used as a eu piggybank even after we sacrificed our elderly and our backs for it. It’s a but like US would send $3000 per working person to Canada. Just absurd.

10 points by elorant 6y ago

Coronavirus hysteria propagates via the internet. It's a spectacular example of Groupthink [1] and the Madness of Crowds. "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."[2] [1] https://en.m.wikipedia.org/wiki/Groupthink https://en.m.wikipedia.org/wiki/Groupthink [2] https://en.m.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds https://en.m.wikipedia.org/wiki/Extraordinary_Popular_Delusi...

Rebelgecko 6y ago

Even though the article touches on this a bit, it might be worth mentioning that Sweden also had some of the highest death rates in the world. Even though I think the US has done a poor job handling COVID-19 and co-morbidities like obesity are a lot more common here, we still have a lower death rate than Sweden (although the way things are going we might catch up in a month or two)

danielscrubs 6y ago
6:th highest in the world per million. https://www.statista.com/statistics/1104709/coronavirus-deaths-worldwide-per-million-inhabitants/ https://www.statista.com/statistics/1104709/coronavirus-deat... That even though we are not obese, doesn’t have a high population density, doesn’t have a touchy-feely culture, free healthcare. Our nordic neighbors are in the middle of the list. We did well economically, but got punished for it by having to send around $3 000 per working person to EUs crysis fund to save the EMU currency (which we don’t have). Our median wealth is also a lot smaller than many of the net contributors. In essence, it’s great to have a job, but it’s not so great having the highest taxes in the world https://nomadcapitalist.com/2017/08/07/countries-with-the-highest-tax/ https://nomadcapitalist.com/2017/08/07/countries-with-the-hi... to be used as a eu piggybank even after we sacrificed our elderly and our backs for it. It’s a but like US would send $3000 per working person to Canada. Just absurd.