I do realize that USA cases in % are more than EU but deaths are noted by far, so how do you explain it and don't you think that this particularity, may on longer term change the facts of the economic recession, US vs EU ?
For me, it is consumer and business behavior that matter. Case counts, hospitalizations and deaths are healthcare outcomes that may or may not be correlated to economic outcomes. Sweden is an example on that score given their death rate and lack of a strict lockdown. So, this article is more about understanding the linkages and trying to anticipate what consumer and business behavior will be. The US re-opening pullback has started already. How severe it will be, we don't know.
I do realize that USA cases in % are more than EU but deaths are noted by far, so how do you explain it and don't you think that this particularity, may on longer term change the facts of the economic recession, US vs EU ?
For me, it is consumer and business behavior that matter. Case counts, hospitalizations and deaths are healthcare outcomes that may or may not be correlated to economic outcomes. Sweden is an example on that score given their death rate and lack of a strict lockdown. So, this article is more about understanding the linkages and trying to anticipate what consumer and business behavior will be. The US re-opening pullback has started already. How severe it will be, we don't know.