The problem isn't only that it's 200k deaths. It's that it's not slowing down.
In Sweden, despite our high death rates, infection rates has slowed down significantly.
The mistake we made was that we weren't able to protect our elderly in care homes etc. That's basically it. Our economy has taken a hit but nowhere near as hard as other European countries. Was it worth it considering the amount of deaths? It's debatable.
We don't fear a 2nd wave as much as other countries who did a complete lock down.
Maybe we haven't said it officially but we're obviously going for herd immunity.
Herd immunity is quite a risk for a new virus, there's no way of knowing if immunity lasts only a year or so (like the majority of other coronaviruses) or lasts a lot longer. That makes a big difference to it's viability. It'll also be a little pointless if the portion of the country without immunity want to travel to other countries without the same level of immunity or those people want to travel there. Really need vaccines or instant tests to be able to control it properly.