Two reasons the worst-case scenarios for Covid-19 seem unrealistic...
[reason.com]
One of the scarier aspects of COVID-19 is that many people who are infected don't know they are carrying the virus, because the symptoms typically range from mild to nonexistent. At the same time, that fact means raw case fatality rates (CFRs), calculated based on the number of known infections, make the disease look much more lethal than it actually is. How big is the difference between the actual CFR and the CFRs suggested by the official numbers? That remains unclear, but recent research and expert estimates suggest some possibilities.
This seems to corroborate what seems obvious out here in the world. The Demoninator seems higher, so Ro seems higher. That means more infections have happened faster than the data can show yet. Which means more of us have it than is known, being isolated this long means we are already clear of danger, the mortality is closer to the common flu, there are still fewer deaths than the flu which may kill 50,000 in the US this year, and further quarantine may be more dangerous than COVID-19 for a host of reasons, the first being social unrest.
Well stated.