Assuming that's true (and I'm not challenging it), then you're right. But our numbers in the U.S. are way too low at this point for any statistics to have real meaning.
But if you look at the official numbers that include all patients, then the Case Fatality Rate (CFR) currently stands at somewhere between 3.4% and 6.3%, depending on how many of those who still have the disease end up dying.
Compare that to a CFR for seasonal flu of less than 0.1%. The Spanish Flu is estimated to have had a CFR of around 2.5%.
That, folks, along with the obvious ease with which the virus is spreading, and it's obvious ability to overwhelm a health care system, is why this is being taken so seriously. The CFR in a system where the virus is relatively contained will almost certainly be lower than the CFR in an overwhelmed system.
Still, my preparations center more around the supply chain and stock market disruptions than they do around avoiding or surviving the virus.
Great post! We need to be prepared to possibly be confined to our homes for up to a month or to have enough in case stores run out due to the factors you mentioned.
The numbers don’t address how many people are asymptomatic of have symptoms of a mild cold. Several papers, one co authored by Dr. Fauci say death rate could be < 1% when asymptomatic and mild symptomatic people are factored in.