Spain and Britain had the worst economic performance during the Covid pandemic. [Source: The Economist]

30 comments
  1. The rich get richer, the poor get poorer. The old tale gets told every now and then.

  2. If this pandemic were taken really seriously then the government attitude to it would be like the attitude to the war. What did we do during the war? We retooled the entire economy in favour of armaments production and war aims. Private profiteering became a nuisance, or a luxury, or at best secondary. The thing has got to be a collective effort.

  3. Disappointing, but more worried about rampant and persistent inflation now, don’t care if you can grow your GDP like the US if inflation is going to sit above any growth and eat it all away.

  4. What we earn all our money on in Denmark:

    – Shipping
    – Medicine
    – Pharmaceutical Equipment
    – Hi-Tech Machinery
    – Renewable Energy Equipment

    Yea, we rolling in money right now. Mærsk, the biggest shipping company in the world, and our biggest company, made $18 BILLION this year. Same as the last 9 years combined.

    Novo Nordisk (medical) also made a record profit.

    Our economy was designed for a pandemic almost. No tourism, no travel but lots of shipping, lots of medicine, lots of food, lots of energy production.

  5. Share prices are a bit disingenuous. The S&P 500 is worth about US$40.3 trillion, the OMXC25 is no where even remotely close. And the the top 5 Companies on the OMXC25 make up the vast majority of its worth.

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