You know there’s like 200 other countries. Furthermore, there are 2 billion+ people living an hour or two away from China. Why aren’t they saying it’s end of days.
Please don’t just respond with a “simple they aren’t testing”.
You don’t need a test for a massive spike in deaths.
From another comment, you said why "aren’t all dead" in existing regions, when literally no one has ever said they'd all die. The most pessimistic studies I see are like, 50% of population gets it and ~5% die after the hospitals run out of capacity (and another 10% have a really, really scary few weeks), so 2.5% of the population
Notice how we only focus on the bank run on US hospitals. Are hospitals in poorer countries immune to these type of sudden rushes? Why aren’t we seeing millions of people in neighboring countries to China clogging up hospitals?
Is it slightly possible this is just a tad over done? What would you say are the chances of that?
I suppose there are arguments to be made that more hot and humid climates prevent the spread of respiratory viruses in general, which is why you don't see problems in the more humid and hot regions of China and Vietnam.[3] The real question is why some countries look like Germany, and some look like Italy. The paranoid answer is Germany will soon look like Italy (and this might be true), except the claimed origin of the disease is .... Germany[4].
If it does turn out to be overblown in some sense, it's probably a valuable exercise in autarky.
[1] https://www.nytimes.com/2020/03/16/health/coronavirus-statis...
[2] And FWIIW none of the tests are well calibrated; in fact there are numerous tests in use with radically different biases.
[3] https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3551767
[4] https://www.reuters.com/article/us-health-coronavirus-italy-... (I mean, it seems unlikely, but it's a common assertion)
fear + exponentials + too_many_unknowns == impossible to plot
A feature that everyone talks about is how startups grow exponentially, fine, i get it, but most end up failing and going to zero. What if this was such a case? We ascribe to it an exponential growth path and yet it fails to take off for many reasons like perhaps a dog walking service or WeWork isn't the cat's pajamas?