Sorry Peter but your calculations are wrong because they don't take in to account people who have mild or no symptoms and so aren't tested.
Nor does it take into account that the Chinese are lying to the number of deaths they have reported are low.
However, the numbers are correct within a confidence level.
The other numbers that the MSM report assume that NONE of the infected will die. This is not right.
The numbers for Korea are pretty good because they have been testing.
https://coronavirus.jhu.edu/map.html
8236 confirmed. 75 died and 1137 recovered.
That is a 6.18% mortality rate. The rest are waiting to go into the death or recovered group.
This isn't what the main stream media is reporting.
In the US the numbers are much worse mostly because a nursing home got infected.
The biggest risk right now is economic melt down, business going bust, lost jobs.
We are still operating. Some people are staying at home taking sick days. I am at work.
Herd immunity is the best approach.
There is no herd immunity....yet. There won't be until there is a vaccine or it is proven that once one recovers they are immune but so far this is not the case. Even so, one that is immune could still carry the virus.
A vaccine will be available at some point, but it is months/years away.
This is why the spread must be slowed down.
My rant is about the Chinese who lied and the WHO that kowtowed to the Chinese saying there was no need for travel restrictions. I would also add those fools that brought back infected people from that cruise ship in Japan.
By the time we restricted access it was too late. The same goes for Italy which the WHO says has the second best medical system but was caught unprepared too.
What should have happened is when the first word of a potentially new virus appears, the borders are shut down until the effects of the virus are known.
The Chinese government refused entry of the CDC.
https://nypost.com/2020/02/03/china-has-yet-to-allow-cdc-in-country-to-help-with-coronavirus/
We should have started the travel ban too and from China then. No cooperation. No travel.
BTW, socialism is when the state owns the means of production.
What most countries have is a mix of capitalism and welfare. That includes the Nordic countries.