For those of you who don’t believe the hype, this is exactly why these things have a economic damage. Fear, panic, and uncertainly cause hasty actions.
Canceled flights, overtime for health workers, police, other officials, canceled school days, canceled trips, vacations, travel restrictions, and general cautionary reactions all cost money. And to think this is relatively mild right now (if you would permit me to say that 160 or so deaths is mild). The WHO is saying this will spread, they know what they are talking about. I’m not saying go hide in a bunker, but let’s be serious about this.