https://www.ft.com/content/7ecd5ded-9b90-4052-b849-0e153f701e1f
He adds that many talk about Covid-19 deaths but few discuss how many die each day from alcohol abuse or suicide. “A bad economy where people lose their income will cause social problems. Politicians need to recognise that closing down the economy will have negative effects,” he says. The evidence from shops and cafés in Gothenburg that have stayed open throughout the pandemic is more mixed. A waiter at Cappuccino, a café in the city centre, says: “It’s generally been quieter but now the days are warmer it’s the same. It’s back to usual — it’s kind of strange.” In the evening, bars nearby are packed and young men are drinking beer while playing crazy golf. “I’m scared this is a bit too normal,” says one woman, trying to get her newborn baby to sleep in a pram. In Bergsjon, where wages are lower and unemployment higher, shops are suffering more — a sign that a lack of a lockdown is not enough to keep the economy going when people are afraid of the virus. At Tintin’s hair salon, one of the hairdressers says business has more than halved. “We hope it comes back but people are scared. There’s a lot of infection here. We are afraid soon it could be like Italy,” he says. The woman behind the counter at Horsed Beauty, a local clothes shop, adds: “It’s slow. There are not so many people because of corona.”
Before a moon like GWB comments.... realize its easier for an economy to grow off a lower low... so of course projection would be higher in the future for those hit harder.
Remember these are projections.
and with this I am going to the beach for a vacation. I will be logging out.