Just as Magdalena Andersson blatantly notes, this is not a "common" crisis where people want to consume - but cannot because of financial uncertainty. More money in the pocket in this now does not mean that we suddenly book new holiday trips, eat out and take the children to the playground. Because people are recommended to stay at home in both leisure and work, many, many companies and industries stop.

Temporary employees and self-employed persons particularly vulnerable

Particularly vulnerable when companies are forced to cut back are Swedes with temporary employment. According to local trade union estimates from 2017, this is about 48.8 percent of the jobs. 27.7 per cent of all employment in Sweden is temporary, 13.6 per cent of those working at short notice, while 6.7 per cent have longer temporary positions.

Half a million Swedes are their own entrepreneurs and have no one else to rely on than themselves for their livelihood.

SEK 300 billion is now made available to companies in various ways so that they will overwinter and pay their employees.

Sweden's GDP amounted to SEK 5,026 billion in 2019, while the central government debt was almost SEK 1,000 billion at the end of February. The provision of SEK 300 billion over the next few months indicates the seriousness of the situation. It is not something the government does for fun, but because they think it is needed.

Tough equation

It is a historic support package to help those industries that have been hit hardest by the crisis so far. Uncertainty about the duration of the crisis means that it is impossible to say whether this is enough.

If you, like many people in the transport and travel industry have 0 kronor in revenue, this is a tough equation. Alerts have already begun to come and learn to continue. According to the government's own estimates, around 15,000 people who receive support cost just over SEK 2.4 billion. In Sweden today, more than 3.4 million people work in the private business sector. If you need 10 or 20 percent financial aid, it will be about astronomical sums.