by Mike ‘Mish’ Shedlock
The Street
Sweden gained nothing from less social distancing restrictions.
Open Air Failure
Sweden captured international attention for its decision to buck the trend on mandated shut-ins.
The results are now in as Sweden Has Become the World’s Cautionary Tale.
Not only have thousands more people died than in neighboring countries that imposed lockdowns, but Sweden’s economy has fared little better. “They literally gained nothing,” said Jacob F. Kirkegaard, a senior fellow at the Peterson Institute for International Economics in Washington. “It’s a self-inflicted wound, and they have no economic gains.”