1. A vaccine is at least 18 month away (assuming it ever arrives) and that is for approval to be granted. It will then take another 6 months to a year to ramp up production. We cannot shut down a country for 2 years and then expect everything to start working again at the flip of a switch. The devastation from almost no economic activity will be catastrophic.
2. The hospitals are not overloaded and there is plenty of spare capacity in Sweden and my guess is in Singapore as well. The main issue was ventilators but there are now excess ventilators in most countries that are keeping track of the stock. Italy's health care system is a separate issue and if you want to discuss that we can do it in a separate thread.
3. I have no quarrel with rules regarding social distancing and hygiene measures. I am speaking out against the necessity to shut down an economy that will cause more deaths from other factors than from Covid-19. Cancer specialists in the UK are reporting that there will be up to 150,000 early deaths because cancer patients are not getting their treatment as chemo sessions and operations have been put on hold. The virus is not going to die out by itself because there will always be carriers. The virus is so widespread already that hoping it will die out like SARS1 is just wishful thinking. However if enough people have already been infected these carriers will no longer cause the same amount of damage.
Finally I have to point out yet again that the mortality rate is nowhere near the figures published initially which ranged from 2.3% to 3.5%. In Singapore the figure is around 0.05%. Why it is so low in Asian countries is still puzzling but perhaps the BCG vaccination theory actually holds some water.
Open the economy, carry on with the measures that were actually working for Singapore (minus the dorms) and all this will pass in no time at all. In the meantime the dorms will have to managed separately but they should not be allowed to cause economic chaos.
For excellent information regarding what is happening in Sweden go to
https://www.covid19insweden.com/en/