Coronavirus (COVID-19) Discussion Thread

[Barozi]

Pemalite said:

Australia's first recession in almost 30 years... All thanks to COVID. 7% hit.
Wonder how much more that would have been if the Government didn't inject 300~ billion back into the economy...



The bright side is... We have taken a significantly less hit than say the United States who didn't bother to lock down like we did. - So we saved lives and took less of an economic hit... Makes you wonder how American conservatives can place economic output above lives when they have blatantly failed at both.

This chart should include Sweden as well (-8.6% in Q2).

For comparison: Denmark -7.4%.
Norway has a slightly different reporting period but they seem to be below Sweden as well.