The Chinese data show that case fatality rate (the relevant metric here) is 0.4% outside of Hubei province. That's still worse than an average seasonal flu, but it's not the 2.3% figure everyone has been quoting.
I have hope that the true number is even lower than the 0.4% so far. A similar thing happened with the H1N1 "Swine Flu" where it was thought to be highly lethal at first, was later downgraded to being very dangerous, and only years later after they were able to do studies and find antibodies to show there were lots of asymptomatic or minimally symptomatic people walking around were they finally able to get a more realistic mortality rate.
Anyway, let's throw out the death rates. Let's assume the CFR is .02%, which is on par for a moderately bad historical flu year. HOLY CRAP did you see what it did to Wuhan's healthcare system? There were reports of people collapsing outside of hospitals and images of people getting treated on the floor in the lobby of the ER. I don't have a public health degree so I don't know what a .02% flu fatality rate might look compared to a .04% rate, but I wouldn't expect the lobby of any hospital to look like a warzone medical post.
I don't even talk about the numbers when I voice my concern. We won't truly know until years later anyway. What is plain as day is that this is something that can get badly out of hand quickly.
the common flu kills way more people every year than this virus. Overhype is more dangerous than the virus is.
Yes, so far, but either the historic flu isn't nearly as lethal as this seems to be or this is way way more contagious, which means if it's not checked it will end up killing far more people than the flu does.
The government of China does not just shut down the engine of its economy for no good reason or because they bought into some hype. Their actions show us that they don't value human life as much as most countries do in the West. They're not going to shut down their factories just because they think it's going to be a very bad flu year and a tiny percentage of their population is going to die.
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