Bloomberg recently published a fascinating chart showing how different countries handled the first two years of Covid. Like most great data visualizations, it is simple and easy to understand once it’s explained. It focuses on OUTCOME, not process.
In other words, it doesn’t concern itself with how many vaccinations given or how many tests conducted or other numbers that matter mostly to the health bureaucrats who pay themselves to carry them out.
Instead it plots two variables: the number of Covid deaths, and Covid’s economic impact - as measured by how much economic growth fell short of forecasts in 2020 and 2021. The chart is set up so that top left is better and bottom right is worse.
Countries in the top left had few Covid deaths and relatively strong growth; those in the top right had lots of deaths and strong growth; those in the bottom left had few deaths but deep recessions; and those in the bottom right had lots of deaths AND deep economic pain. Okay, here’s the chart:Now try the chart again, this time without the Asian outliers.
Remember, top left is best, bottom right is worst. Two points jump out. No major Western or South American country was even CLOSE to Asia. Look at those empty squares on the top left. And the United States is on the top right - lots of deaths, but minor economic impact. (Are you surprised?)
Meanwhile, big European countries like Britain and France - which took a national hard lockdown route - had nearly as many deaths as the United States but far worse economic pain.
That’s particularly true of Spain, where lockdowns were brutal in 2020. (In general, Spanish-speaking countries had extremely poor outcomes despite extremely harsh lockdowns.)
But the country outside Asia that performed best? The one closest to the top left?
Sweden.
Yep, Sweden. Lockdown-free Sweden, which trusted its people and refused to shut down and pursued a herd immunity strategy (without quite using that phrase) and became the subject of endless articles like this:
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