system
Given the following post, respond as if you're commenting on Reddit:
human
CMV: the global reaction to coronavirus is ridiculous

130k total confirmed cases 
5k deaths 
69k of confirmed cases recovered

Global population 7.5 billion.

Those most at risk are the elderly and people with pre-existing conditions. What am I missing? 
Less then 0.0018% of the world is infected and yet the markets are collapsing. I lay the majority of blame on our sensationalist media and how they have been reporting this. Everyday I see headlines that suggest the number infected have jumped considerably but a 20% rise of 100 is not as significant as a 20% rise of 100 million! 

Early on there were even pictures being staged of empty supermarket shelves again inciting panic. 

Finally- it’s basically a bad flu. If this was Ebola I’d be concerned but as it stands I can’t see why the world is reacting as it is and wish people would calm down. People’s pensions are going to be obliterated not to mention working people’s livelihoods. 

Change my view if I am missing something??
gpt
You're missing something.

The flu has a vaccine.  This does not.  The mortality rate for this is 10x greater than the flu.  So it's worse, full stop.

But what you're not seeing is that the point here is to slow it down. That's why everything is shutting down.  If 10 million people get it, then 10 million people get it.  But if they all get it at ONCE, then no health care system in the world can keep with that.  If it is spread over several months, and smaller portions of people have it at any one time, we can keep pace with it and ride it out. 

The market reaction is probably a bit overblown, but the impact on the supply chain from China wasn't just some minor blip.

The fact that "only" 130,000 people have gotten it is simply because of how new it is.

There was a moment during the Holocaust when only 10 Jews had died.