The real problem is not the death rate. The problem is the R-0 factor of this virus. The normal flu virus has an R-1.2 rating. That means it spreads at a rate of 1.2 people via contact. They have rated covid-19 at an R-12 to 15 rating as they are researching more on it. That causes a quickly overwhelming problem for the health care system. Even more so, it creates a global market problem which becomes a local demand problem which can cripple an economy very fast. I.E. Italy and it's lack of concern when they confirmed their first case. They have also discovered that covid-19 can live on stainless steel and plastic surfaces for up to 72 hours. It can live on cardboard for up to 36 hours. This is far longer that the flu. What they don't know is how much of the virus is needed to cause an infection at the present. Is there over reacting, yes. Is there precautions, yes.