I know this won't be a popular take but I haven't seen any compelling data to indicate what we're dealing with is any more deadly than a cold. No one has any idea how many people have been infected by this virus. It is assuredly many many more than current tests have revealed as the only people being tested are healthcare workers and at-risk individuals. I wouldn't be surprised if over a million people in the U.S. have already had it, possibly many more. That would imply a "massive wave" of people in need of intensive care isn't coming. No more than come about during an ordinary wave of other coronaviruses.