Quote:
Originally Posted by Sooner or later
Sweden implemented nationwide restrictions while the US allowed states and cities to make determinations on what was needed. I will take our approach.
I wouldn't be surprised if the US GDP outperforms Sweden after how well the US has done in the 3rd q.
Sweden announces 3rd Q on Nov 5th.
2nd Q they were down 8.3% vs 2nd Q US was down 9.4%.
Sweden Sept unemployment 8.3%. US unemployment Sept 7.9%.
https://tradingeconomics.com/sweden/calendar |
Sweden is about the size of a state...so the effect is similar. Sadly, a lot of states have made crazy choice based more on politics than science. The unemployment in Sweden likely has less to do with COVID than elsewhere and the US employment is likely more in spite of the actions that many states and cities have implemented than because of it.
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