LiveWire

There is always a disposition in people's minds to think that existing conditions will be permanent. 

While many countries are struggling with the dauting project of vaccinating their entire population, other governments managed to orchestrate a quick approval process and effective infrastructure to cure the sickness as fast as possible. According to "Our World in Data", Israel is the country closest to reaching the 60-70% threshold required to keep the virus under control and diminishing. That's 54.72 doses for every 100 citizens of Israel, or 4.7 million total. In comparison, the United States just passed the 9 doses per 100 citizens. Israel had the chance to negotiate early stocks with Pfizer and started vaccinating as early as December 15th, administering around 150'000 daily doses since then. Lastly, they have an excellent healthcare system and a strong population enthusiasm for the vaccine. 

According to the SWF Institute, the Norwegian Government Pension fund is the largest sovereign wealth fund in the world, with over $1.1 trillion in capital as of January 2021. It is closely followed by the China Investment Cooperation fund, which sits at a little over $1 trillion. The rest of the top 8 are far behind, with the biggest of them all not reaching $600 billion. The Norwegian government is free to use up to three percent of its fund's volume annually for social purposes – that number currently amounts up to $33 billion.

The real GDP increased at an annual rate of 4% in the fourth quarter, down from 33.4% in the third quarter. For the full year, it saw an overall decline of 3.5%, a down movement never seen since 1946. The main cause was the decrease of personal expenditures - such as services - and exports.

If we look at the past 3 years, the US GDP was on a constant rise. The difference between Q2 and Q3 might be explained by the help from the state, such as stimulus packages.