Sweden Is Right - The Economy Should Be Left Open

ZeroHedge
Sometimes, the best thing to do, is to do nothing at all. Take Sweden, for example, where the government decided not to shut down the economy, but to take a more thoughtful and balanced approach. Sweden has kept its primary schools, restaurants, shops and gyms open for business even though fewer people are out in public or carrying on as they normally would.  .....What the Swedish experiment demonstrates, is that there’s a way to navigate these unprecedented public health challenges without recklessly imposing police state policies and without doing irreparable harm to the economy. And, yes, the results of this experiment are not yet known, but what we do know is that most nations cannot simply print-up trillions of dollars to counter the knock-on effects of bringing the economy to a screeching halt. These countries must dip into their reserves or take out loans from the IMF in order to recover from the lack of production and activity. That means they’re going to face years of slow growth and high unemployment to dig out from the mess their leaders created for them."