Hi Shadow Minister,

Yes, you're probably right, that we can set off Covid-19 deaths against economic activity.

Sweden is a good candidate for trying to do that: so many deaths incurred for so many dollars saved. For all those thousands of deaths in Sweden, how much have cafes and restaurants have been able to make ? In other words, how much have other countries like Denmark and Finland lost financially in return for how many deaths, and so how much is a death worth ?

Pretty clearly, a Covid death may be worth less in some countries than others: in the US, where there are two Covid deaths every minute, every day now, one can predict that each death costs the equivalent of about ten million dollars in production. So another hundred thousand deaths this month might cost a trillion dollars in human terms. Oh well, never mind.

We'll get through this, or at least most of us. Too bad about the rest.

Joe

Dear Hasbeen,

You write: “If you want to be taken seriously, do give us some REAL figures,& not some of your usual "dreamed up" figures either.”

Bloody hell you take some spoon feeding don't you. I have repeatedly given the Second quarter figures from the Scandinavian countries on this forum. But it really isn't that hard to look the figures up for yourself. And by the way you would have to be the most fact free posters on this forum. You rarely if every produce either links or figures for your assertions like with your recent electricity prices whinge.

Well here are the figures for how much the GDP figures for each of the Scandinavian countries for Q2 2020.

Quarter 2 GDP

Sweden -8.0%
Denmark -7.1%
Norway -4.3%
Finland -3.9%

Sweden got hammered the worse with the biggest contraction.

Quarter 3 recovery figures

Denmark +5.2%
Sweden +4.9%
Norway +4.6%
Finland +3.3%

http://tradingeconomics.com/sweden/gdp-growth

So the cumulative positions over the 2 quarters are as follows;

Norway 100.1%
Finland 99.2%
Denmark 97.7%
Sweden 95.5%

Let me know if there is anything you don't understand.

Dear Shadow Minister,

Yet again you are full of it. Please see above.

Hi Steele,

This pair are really the prized Xmas turkeys. For Nuk Em' Hassy its all about the 1950's coal and steam, being a petrol head from way back, and for shonkyminister, if he don't read it in Chairman Rups', 'Daily Telecrap's' it just can't be true. The truth is the "let it rip" brigade got it totally wrong. Their thinking was as the virus decimated the population, the good citizens would simply continue to go about their normal business. I assume they thought the "healthy" folks would simply step over the dead in the door way to get their morning coffee fix.

Rather than stupidly simplistic comparisons here are more nuanced analyses:

http://www.fitchratings.com/research/sovereigns/fitch-affirms-sweden-at-aaa-outlook-stable-04-12-2020

http://www.fitchratings.com/research/sovereigns/fitch-affirms-norway-at-aaa-outlook-stable-28-08-2020

http://www.fitchratings.com/research/sovereigns/fitch-affirms-finland-at-aa-outlook-stable-30-10-2020

http://www.fitchratings.com/research/sovereigns/fitch-affirms-denmark-at-aaa-outlook-stable-04-09-2020

SR,

I see that once again you are being selective with the facts.

Combine Q1 and Q2 and Sweden's economy drops 7.7% whilst Denmark's drops 8.7%

You are even incompetent at lying.

With over 8,000 dead, and a 1% better economy, the Swedes must be over the Moon with that one!

Shonkyminiister, the truth is people like you don't give a rats about the human toll caused by the virus, its all about dollars and cents with you.