Never seen so much panic about most likely nothing too horrific
Hell, an average of ~102 Americans die every single day just in car accidents.
Exactly, and ~7 Americans die from falling down a stair every single day.
About 2 a day drown in a swimming pool.
And lets not forget about all the fine Sackler products that kill ~118 people in the US each and every day. (1)
The wars kill too (especially having been there and returning home): 22 suicides of US army veterans in average per every day, roughly one per hour. (2)
If any of this is shocking to you, your personal risk assessment is terribly biased. For starters I highly recommend Dan Gardners "risk". (3)
(1) https://www.iii.org/node/32171
(2) https://en.wikipedia.org/wiki/United_States_military_veteran_suicide
(3) https://www.amazon.com/Risk-Science-Politics-Fear-Gardner/dp/0753515539/
I would also like to point out, that every single person that dies from (or with) a Corona infection is counted. But only people with serious health problems get tested and therefor counted, plus a few that come under suspicion from contacts they had.
Nobody knows how many people just had and eventually self-cured Corona in the last weeks, it's not like it's much different to regular flu - except being very mild. Ask yourself if you are going to inform the authorities when you feel like having the flu but are not in critical condition? I'd sit it out at home and don't tell anybody as I don't want to be quarantined. All these are then non-lethal infections that are not counted toward the recoveries and therefor giving a way to high lethality ratio. That leads me to conclude that while Corona is more contagious than seasonal flu atm, it is not as dangerous.
Wrt to the economy and markets it's a different thing. Extreme fear is appropriate there (hell, panic is even fine). That's the typical bespoken weak and ill patient catching a little cold that can kill him. Corona being the little cold for economy.
