Maybe "be infected", not "die"?
Otherwise there's little reason to flatten the curve (meant to allow for better treatment).
Where I live, in Victoria, Australia, the state government has used the lockdown time to plan for and deliver a huge increase of ICU beds [1]. Thankfully, it looks like these beds may not even be necessary, but initial modelling suggested a peak of 10,000 active cases with only 500 IUC beds available.
[1] https://www.theage.com.au/national/victoria/thousands-of-bed...
Perhaps counterintuitively, the points on the strategy curve that have both lowest death counts and shortest widespread economic crisis are the same. I've published these simulations here: "Surprising COVID-19 Strategy: Reduce Economic Damage and Deaths Simultaneously" https://www.youtube.com/watch?v=NuNrkG188HA
- No effective treatment or vaccine will arrive within a year.
- Measures that completely eradicate the virus aren't sustainable for the time it takes to do so or until a vaccine arrives (e.g. lockdowns),
- Without at least some immunity, "Test, Trace, Isolate" is not a viable strategy for dense regions.
- Without at least some immunity, a second wave is unavoidable, and risks being worse than the first, if it arrives early next season. It's better to have a small immunity in the low risk population now, than let risk high risk groups later.
- Even a small level of immunity has a large effectiveness in limiting spread, i.e. 10% or 20% immunity in a region can make a big difference, so if that can be achieved in the low risk population that is a good thing.
- Asymtomatic spread, presymptomatic spread, and spread from children are all possible but not significant (That is: if symptomatic spread is controlled, that is enough).
Some of these assumptions have been challeneged, some were not at all controverrsial to begin with but have changed over the last months.
Are they? The current IFR estimates (general, not counting age divided groups) range between 0.2 and 0.9%. That might still include a significant number of individuals, but it's not very high (of course by age groups, this changes).
I still wonder whether the high death rates in some countries, including my own, were not due to the virus itself being very deadly, but because it found "niches" of vulnerable people (hospitals, nursing care homes). I don't think anyone has yet studied these dynamics in depth.