SWEDEN: ON THE FAST TRACK TO RECOVERY

As we reported in last week’s Trends Journal, Sweden has withstood the harsh backlash and constant mainstream media criticism, willing to stand virtually alone among major Western nations in refusing to shut down its society.
While some European countries which imposed harsh lockdowns are facing renewed outbreaks, the Health Agency of Sweden reports its infection rate has substantially declined. “The curves are going down and the curves for the seriously ill are beginning to approach zero,” stated Sweden’s Chief Epidemiologist Anders Tegnell.
TRENDPOST: As further proof that hard data is showing Sweden’s decision to keep its society more open during the coronavirus hysteria is proving successful, unlike most nations that shut down, its economy and public confidence is not tanking.
According to a Trading Economics report, “The total industry confidence indicator in Sweden increased to 80.7 in July from an upwardly revised 68.9 in the previous month. It was the highest reading since March, as confidence improved among manufacturers (95.7 vs 89.3 in June); constructors (92.6 vs 89.8), retailers (96.7 vs 85.7) and service providers (73.3 vs 61.9).”