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It's not the input (= work) that counts, but the output (results) that you get. A year has 52 weeks. If I take 5 weeks of vacation per year that's 10% of the time that I have. So I will be 10% less productive (if I ignore increased productivity after vacations). For me that's a reasonable trade-off. I don't live to work, but I work to live. In addition, I suggest that you look at the per capita GDP of different count…
The dollar is now at about 6.30SEK/$.
At the top in 08, it was at around 11. That makes for a pretty big change considering the GDP's bounced a lot less.