Partly because they are export dependant and nobody's buying & partly because enough swedes are staying home (not going to pubs etc.) for the economy to tank but not enough to avoid 10 times as many deaths as their neighbours.
So, yes, time will tell. But for now they are getting the worst of both:
Many dead and no economic benefit.
Do you think Corona is going anywhere?
If you have a look at the current infection rate in a lot of European (and others) countries, even reaching 50% of the population infected would take decades.
So yes, I believe that delaying is not the only possibility.
It's currently mandatory masks in public, keeping distances and washing hands, and no big crowds.
Life feels pretty normal over here.
I'm talking from the perspective of a European country with <100 cases/day.
A lot of places are starting to reinstitute lockdowns.