Both Europe and the EU27 are now in a new wave, Wave 3, of the pandemic, just as the rest of the world (https://trueeconomics.blogspot.com/2021/04/1421-covid19-worldwide-data.html). There is no denying that fact:
U.S. trend remains power-law, implying sustained decreases in mortality of new cases over time, while the EU27 trend has shifted toward a polynomial since Week 53 of 2020, implying rising risk of higher mortality, in line with the differences in the EU27 vs U.S. demographics.
The worst performance for any region,
A fascinating fresh survey of microeconomics literature on crypto currencies: “The Microeconomics of Cryptocurrencies” by Hanna Halaburda, Guillaume Haeringer, Joshua Gans, Neil Gandal (CESifo Working Paper 8841, 2021, NBER version link here: htt…
Sweden is not doing too well.
The U.S. pandemic experience has been associated with a cumulative excess mortality
Cumulated deaths per capita are exhibiting a slight slowdown
Quite dramatic trends in terms of rising economic uncertainty over the last 21 years.
In a recent post, I covered the impact of the failure at the Federal level to implement more robust measures on rents and tenure security for households (see: https://trueeconomics.blogspot.com/2021/02/3221-cost-of-trumps-failures-to-act-on….
Currently, into month 10 data of the recession (December 2020), and employment index is reading close to the conditions in the recession of 1945,