Again
Reaction to the virus != the actual virus
There's some travel bans in place, people have overracted across the world, closing schools and events. That's why the stock market is crashing.
again, this has nothing to do with the severity of the virus itself
The virus does not care about stock markets
there are some behavioral traits of this virus that are not being discussed enough.
1. Recovery, we're over 70K at this point
2. Mild cases are the vast majority, in america, 99% of new cases are mild
3. Under reporting, lack of test data. Contrary to what people think, more testing has only driven down the fatality rate to laughable numbers, see germany and south korea.
the most solid and reliable number we have are deaths, because there's the highest certainty of people on their death beds being tested or diagnosed.
tested, but in mild condition. In the worst case scenario, china, 80% of cases reported were mild.
https://www.channelnewsasia.com/news/asia/wuhan-virus-who-coronavirus-mild-cases-12410438
this means that under reported cases WILL be high, similar to H1N1. The testing of H1N1 compared to later estimates showed a 600x increase in estimated infected rate when corrected for under reporting, driving down fatality rate to inconsequential numbers.
again, when high cases are being reported as "Mild", you've got a massive amount of under reporting, like the common cold. More often than not, you take OTC's and report to nobody, hence the CDC doing estimates to account for under reporting.
This is a mathematical problem when comparing estimated fatality rates vs a case-fatality rate used by WHO. The comparison is apples to oranges.