TLDR: Its just the Flu x 4 bro, and its hella bullish bc money printers are in hysteria right now.
Nah,
just explain quickly why.
Talking about positive cases.
50% are asyntomatic or low symptoms, cure at home, quarantine.
50% need hospitalisation.
25% (50% of previous 50%) need intensive care.
more or less 3% of total infected eventually die (5% of previous intensive care patient).
Now, think what happens if the positive cases skyrocket to a certain number, let's say HALF of the number of people normally infected by a regular flu.
What is the supply of intensive care beds?
What happens when we will be at full capacity?
Mortality rate will rise. Also because people need intensive care also for other reasons than Coronavirus.
Also, hospital procedures are slowed donw by quarantine/extra security needed whil dealing for CoVid19 profilax.
This is the dangerous aspect of COVID19, not the mortality rate per se.
SOURCE:
It is already happening, here in Italy.