TRVP_ANGELBut the coronavirus has a death rate of 2% while according to your numbers flu season carries a death rate of 0.055%. How is that remotely comparable?
**This post was edited on Feb 29th 2020 at 1:27:31pm
I would argue the mortality is probably even lower considering how many will never go to a physician to be tested for it because it presents like the common cold (think of the people in California who got the virus with no known exposure). Flu stats are well validated versus this corona virus, the numbers are still updating. Still probably higher than the flu you aren't wrong. The point he was making is tens of thousands of people die from the flu in the USA alone (200-650k worldwide annually) and no one bat's an eye. No one gets vaccines. No one covers their mouths when coughing/sneezing. No one gives a shit about hand hygiene. No one properly hydrates themselves or their children when they're sick. Your risk of catching the flu vs COVID-19 and dying from it is exceptionally higher. Arguably it's still a big deal and worth containing this virus, but in terms of the general American population, your bigger concern should be how this will impact your portfolio. There is way too much sensationalism in this topic. The new$ channel VPs are probably having a field day with this ad revenue. .
But back to OP's original topic...yeah there's shortages and will likely to be further shortages of Chinese products throughout the US in the coming months. Hospitals are already beginning to conserve supplies as well as making backup stocks for a potential epidemic. The FDA has reached out to drug manufacturers of some 20 drugs that exclusively come from China. Expect drug shortages. Expect supply shortages. Expect stocks to flip their shit, but also take advantage because this will pass.
And back to the mask issue. Every single person I've seen in public with a basic mask or even some N-95 masks were wearing them wrong. Below the nose, the bridge of nose not pinched, or wearing an n-95 likely without fit testing which is necessary for optimal protection.
If I lived somewhere like China near an epicenter, I'd certainly be taking extra precautions including wearing a mask or respirator. But not here.