manufacturing is screwed up over there and rolling quarantines like they had will hit most countries in the next couple of months. Shortages, supplyy disruptions and a global recession are certain now. the first local infection identified today has had it a week and probably got infected 2 or 3 weeks ago. 2 weeks infecting people without showing symptoms. Testing kits messed up so hardly any testing.

It is here and will spread like wildfire. estimate s of 2% death rate but that's before reinfection. They know that can happen but don't know how bad reinfection can be. Can take a month after symptoms show to die or recover. First infection, reinfection timeline unknown. Rumours of heart damage in first infection leading to more deaths in reinfection. Nobody knows how fast Coronavirus will weaken as it spreads. if it will really die down as temperatures rise. Watch Singapore for local infections, that may be the clue.

10-20% infected requiring hospitalization and many ICU. Quickly overwhelm the medical system. Though government planning for epidemics should be able to set up some types of makeshift hospitals on military bases. Will it be enough?

It is possible we could lose 5% of the world's population in the next year. economic impact of quarantine efforts that may last months. many Business bankruptcies across the spectrum. Possible collapse of insurance industries. travel industries hit hard. Much less discretionary spending. 5% death rate may mean 10% drop in economy. Sick railroad crews and maybe fear sickouts sometimes. Big temporary drop in traffic in next few months, and may take a decade to get back to 2019's level. Life goes on, but different.

C'est La Vie