COVID-19 Epidemic in Sweden: an Analysis

By Nic Lewis – Re-Blogged From WUWT

The course of the COVID-19 pandemic in Sweden is of great interest, as it is one of very few advanced nations where no lockdown order that heavily restricted people’s movements and other basic freedoms was imposed. As there has been much comment, some of it ill-informed, on how the COVID-19 epidemic has developed in Sweden, but relatively little detailed analysis published in English, it is worth exploring what their excellent publicly-available data reveal.

I  present here plots of weekly new cases and deaths, with accompanying comments. I have been able to access detailed daily data from 2 April on.[1]

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April’s Sales Drop Sets a Record

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The Chinese-virus lockdowns that have done their job

By Christopher Monckton of Brenchley – Re-Blogged From WUWT

In Italy and Spain, two of Europe’s hardest-hit nations, the compound daily growth rates in cumulative cases of Chinese-virus infection have fallen to 2.8% and 3.4% respectively. The lockdowns in these two countries are, for the first time, being eased.

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Fig. 1. Mean compound daily growth rates in confirmed cases of COVID-19 infection for the world excluding China (red) and for several individual nations averaged over the successive seven-day periods ending on all dates from March 28 to April 12, 2020. A link to the high-definition PowerPoint slides is at the end of this posting.

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Coronavirus Death Predictions Bring New Meaning to Hysteria

By Michael Fumento – Re-Blogged From WUWT

20686795 - ironic satirical illustration of a retro classic comics woman being a drama queen
image licensed from 123rf.com

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Weekly Climate and Energy News Roundup #405

The Week That Was: April 4, 2020, Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

Quote of the Week: “If I set forth a concrete proposal in all its particulars, I expose myself to a hundred criticisms on points not essential to the principle of the plan. If I go further in the use of figures for illustration, I am involved more and more in guesswork; and I run the risk of getting the reader bogged in details which may be inaccurate and could certainly be amended without injury to the main fabric.

“Yet if I restrict myself to generalities, I don’t give the reader enough to bite on; and am in fact shirking the issue, since the size, the order of magnitude, of the factors involved isn’t an irrelevant detail.”. – John Maynard Keynes [H/t Kenneth Button in WSJ]

Number of the Week: 20% Loss

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The Ultimate Safe-Haven Asset. A Looming Nobel Prize?

By Arkadiusz Sieroń – Re-Blogged From Gold Eagle

Yesterday, the Nobel prizes in economics were awarded. Unfortunately, gold has been omitted and got nothing. How unfair! But looking at the Dutch central bank press release, gold would have much higher chances if they were the ones granting the prizes and not the Swedish central bank!

2019 Nobel in Economics and Gold

Yesterday was a big day! At least for all those boring economists and similar bean-counters. The Nobel Prize in economics was awarded. Abhijit Banerjee, Esther Duflo, and Michael Kremer became 2019 laureates for their experimental approach to alleviating global poverty.

Nice! But, dear Nobel Committee, we also have great ideas how to reduce poverty in the world. Just give everyone some gold! We know, that’s not the quick road to wealth, but whatever the current outlook, gold portfolios should appreciate substantially in the long run.

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Weekly Climate and Energy News Roundup #361

The Week That Was: By Ken Haapala, President, SEPP

Brought to You by www.SEPP.org, The Science and Environmental Policy Project

Quote of the Week: “It is a pleasure to stand upon the shore, and to see ships tost [sic] upon the sea: a pleasure to stand in the window of the castle and to see the battle and the adventures thereof below: but no pleasure is comparable to the standing upon the vantage ground of truth ( a hill not to be commanded and where the air is always clear and serene), and to see the errors, and wanderings, and mists, and tempests, in the vale below. – From Of Truth, Francis Bacon [H/t Numberwatch, hopefully returning]

Number of the Week: 5 million tonnes per annum (MTPA) of LNG, which is equal to about 0.7 billion [standard, normal temperature and pressure] cubic feet per day (Bcf/d) of natural gas

The Greenhouse Effect –Atmospheric Layers: The atmosphere is divided into distinct layers and the altitude of the layers depends on the latitude, the distance from the equator. One could think of an oval shape with the thickest (elongated) part being above the equator. (Seasonal variation will be ignored in this section.)

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Germany Tests its First ‘Electric Highway’ for Trucks

By Jon Fingas – Re-Blogged From From Engadget

Germany is joining the ranks of those countries betting on “electric highways” to foster eco-friendly trucking. The country has started real-world tests of an eHighway system on a 3.1-mile stretch of the Autobahn between Frankfurt and Darmstadt, with an electric-diesel hybrid truck merging into everyday traffic while it received power from overhead cables to keep it from using its combustion engine. Earlier tests in the country relied on either slow nighttime tests or the safety of an unused military airfield.

The very first eHighway launched in Sweden in 2016. The concept here is the same — the trucks use pantographs (the pickps on their roofs) to latch on to the overhead cables and draw electricity. Trucks can feed electricity into the grid when they brake, making the system particularly useful if there’s ever a jam.

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Climate Politics Abroad Are Turning Decidedly Skeptical

By H. Sterling Burnett – ReBlogged From WUWT

From Alberta to Australia, from Finland to France and beyond, voters are increasingly showing their displeasure with expensive energy policies imposed by politicians in an inane effort to fight purported human-caused climate change.

Skepticism about whether humans are causing dangerous climate change has always been higher in the United States than in most industrialized countries. As a result, governments in Europe, Canada, and in other developed countries are much farther along the energy-rationing path that cutting carbon dioxide emissions requires than the United States is. Residents in these countries have begun to revolt against the higher energy costs they suffer under as a result of ever-increasing taxes on fossil fuels and government mandates to use expensive renewable energy.

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New York Times Pushes Nuclear Power as the Solution to Climate Change

By Eric Worrall – Re-Blogged From WUWT

In the face of the utter failure of large investments in renewables to deliver CO2 reductions, greens are increasingly embracing nuclear power as the solution to climate change.

Nuclear Power Can Save the World

Expanding the technology is the fastest way to slash greenhouse gas emissions and decarbonize the economy.

By Joshua S. Goldstein, Staffan A. Qvist and Steven Pinker
Drs. Goldstein and Qvist are the authors of “A Bright Future: How Some Countries Have Solved Climate Change and the Rest Can Follow.” Dr. Pinker is a psychology professor at Harvard.

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Climate Change Friendly Green Steel: “Society Would Have to Accept Higher Costs”

By Eric Worrall – Re-Blogged From WUWT 

Steel makers are eager to keep us informed of their efforts to find less carbon intensive ways to produce steel, though they worry production costs will have to rise.

Cleaning up steel is key to tackling climate change

Technology to make grey metal green will not be rolled out commercially until 2030s

Globally, steel is responsible for 7 per cent to 9 per cent of all direct emissions from fossil fuels, with each tonne produced resulting in an average 1.83 tonnes of CO2, according to the World Steel Association.

And as the world’s population grows, demand is only predicted to increase.

Blast furnaces of Třinec Iron and Steel Works, Czech Republic

Blast furnaces of Třinec Iron and Steel Works, Czech Republic. By Třinecké železárny, Attribution, Link

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Muslim Migration & Rape Statistics In Europe

By Daniel Greenfield – Re-Blogged From Freedom Outpost

Sweden has one of Europe’s highest rates of sexual assaults.

At 120.79 violent sexual assaults per 100,000 people, and 56 rapes per 100,000, the otherwise bleak socialist country ranks as having the second highest rate of sexual violence in Europe. 

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Sweden Warns Every Single Household to Prep for War

By Daisy Luther – Re-Blogged From Freedom Outpost

The government of Sweden has produced a 20-page pamphlet which they’ll be sending to each of the 4.8 million households in the country urging them to get prepared for…WAR.

Although they haven’t been at war for over 200 years, for some reason, right now, they want their citizens to get prepped – and fast. This goes along with an article I wrote in January of 2018 when the government urged their people to be ready to cope “without help” for at least a week.

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Cashless Society Threatens

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

Swedish authorities concerned cashless society is happening ‘too quickly’ and heading into ‘negative spiral’
– Only 25% of Swedes paid in cash at least once a week in 2017, 36% never use cash
– Cash usage in Sweden falling both as share of GDP and in nominal terms
– Sweden may be world’s first economy to introduce a cryptocurrency, the e-krona
– Cashless is not a disincentive for illegal drug trade, Guardian finds
– Gold in safe jurisdictions will protect against raids on cash and wealth

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Consumers In Surprising Places Are Borrowing Like Crazy

By John Rubino – Re-Blogged From Dollar Collapse

The Money Bubble is inflating at different speeds in different places. But apparently no culture is immune:

Household Debt Sees Quiet Boom Across the Globe

(Wall Street Journal) – A decade after the global financial crisis, household debts are considered by many to be a problem of the past after having come down in the U.S., U.K. and many parts of the euro area.

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Weekly Climate and Energy News Roundup #289

By Ken Haapala, President, Science and Environmental Policy Project

Brought to You by www.SEPP.org

Quote of the Week. “The important thing is not to stop questioning. Curiosity has its own reason for existing. One cannot help but be in awe when he contemplates the mysteries of eternity, of life, of the marvelous structure of reality. It is enough if one tries merely to comprehend a little of this mystery every day.” – Albert Einstein

Number of the Week: $0.00? Zero?

Funding Climate Science: Internal to the globe, the earth’s climate is partially determined by the movement of two dynamic fluids: 1) the atmosphere; and 2) the oceans. Fluid dynamics is not thoroughly understood; thus, the actions of these fluids cannot be clearly defined.

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EU Faces Painful Budget Battles After Brexit

By Stratfor – Re-Blogged From https://fabiusmaximus.com

Summary: Europe’s elites warned that Britain would suffer for daring to leave the EU. Suffer severely and soon. Four months have passed since the June 23 vote and Britain has felt no ill effects. Britain might have the last laugh, since the EU has to redo its budget following the loss of its second largest contributor. The EU is already under stress. Cutting the budget and raising taxes will make it worse. Perhaps sparking more exits.

Stratfor

A Bitter Budget Battle Looms in the EU
Stratfor, 13 October 2016.

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Risks Posed By The War On Cash

By Mark O’Byrne & Jan Skoyles – Re-Blogged From http://www.Gold-Eagle.com

Cash is the new “barbarous relic” according to many central banks and regulators. Moreover, some economists believe there is a strong, concerted push for a ‘cashless society’.

Developments in recent days and weeks have highlighted the risks posed by the war on cash and the cashless society.

The Presidential campaign has been dominated for months and again this week by the power of information that has been gathered through unconventional means – whether due to email hacks, leaked microphone tapes or even late-night twitter rants.

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Hang Onto Your Wallets

By Ellen Brown – Re-Blogged From http://www.Silver-Phoenix500.com

In uncertain times, “cash is king,” but central bankers are systematically moving to eliminate that option. Is it really about stimulating the economy? Or is there some deeper, darker threat afoot?

Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into “all manner of private enterprise,” including “bonds, chattels, dividends, shares, shipyards, amalgamations . . . ”?

That may still work if you’re a Wall Street banker, but if you’re an ordinary saver with your money in the bank, you may soon be paying the bank to hold your funds rather than the reverse.

Four European central banks – the European Central Bank, the Swiss National Bank, Sweden’s Riksbank, and Denmark’s Nationalbank – have now imposed negative interest rates on the reserves they hold for commercial banks; and discussion has turned to whether it’s time to pass those costs on to consumers. The Bank of Japan and the Federal Reserve are still at ZIRP (Zero Interest Rate Policy), but several Fed officials have also begun calling for NIRP (negative rates).

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The World’s First Cashless Society Is Here – A Totalitarian’s Dream Come True

By Nick Giambruno – Re-Blogged From http://www.Gold-Eagle.com

Central planners around the world are waging a War on Cash. In just the last few years:

  • Italy made cash transactions over €1,000 illegal;
  • Switzerland proposed banning cash payments in excess of 100,000 francs;
  • Russia banned cash transactions over $10,000;
  • Spain banned cash transactions over €2,500;
  • Mexico made cash payments of more than 200,000 pesos illegal;
  • Uruguay banned cash transactions over $5,000; and
  • France made cash transactions over €1,000 illegal, down from the previous limit of €3,000.

The War on Cash is a favorite pet project of the economic central planners. They want to eliminate hand-to-hand currency so that governments can document, control, and tax everything.

This is why they’re lowering the threshold for mandatory reporting of cash transactions and, in some instances, simply making it illegal to pay cash.

In the U.S., central planners ratchet up the War on Cash every time the government declares a made-up war on something else…a war on crime, a war on drugs, a war on poverty, a war on terror…

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Prove You’re Not a Terrorist

By Jeff Thomas – Re-Blogged From http://www.Silver-Phoenix500.com

Recently, France decided to crack down on those people who make cash payments and withdrawals and who hold small bank accounts. The reason given was, not surprisingly, to “fight terrorism,” the handy catchall justification for any new restriction governments wish to impose on their citizens. French Finance Minister Michel Sapin stated at the time, “[T]errorism feeds on fraud, money laundering, and petty trafficking.”

And so, in future, people in France will not be allowed to make cash payments exceeding €1,000 (down from €3,000). Additionally, cash deposits and withdrawals totaling more than €10,000 per month will be reported to Tracfin—an anti-fraud and money laundering agency.

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