The worst part about this whole thing is the unnecessary fear and anxiety that it’s causing in a lot of people. My poor wife is terrified and thinks her mom is going to catch this thing and die and that we are about to go in a depression worse than that of the 1930s.
I blame the f***ing media most of all. Instead of calmly providing legit news and reassuring, sensible advice, they have gone out of their way to stoke fear and paranoia. They make me furious.
For your first paragraph, those things are possible, which is why it's important to treat this seriously. My parents are in their 70s, and my dad is currently stuck in Florida. I'm trying to coax him to come home because if things get bonkers down there, as a foreigner he likely will not be given first priority. Problem is he drove down and now is worried about driving back/traffic/closures/quarantines/etc. I think he should leave the car with friends down there, and I'll fly down and drive it back later.
An economic depression is possible. Of course, let's not panic and *assume* it will happen, but it is a strong possibility. Our global economy is so interconnected and fragile that a major disruption like this can be devastating - the key will be in how our leaders and governments decide to handle it. Suspending mortgage payments (like Italy) is a start, ensuring paid leave is another, and so on.
For the media, I agree with you. A big part of that is the absence of a national public broadcaster in the US (NPR is radio only, right?). Public broadcasters like CBC and the BBC have a way of pushing private broadcasters to be more honest and transparent, because they serve as beacons and legitimate alternatives if the private sector ones become toxic.
In the end, maybe a bunch of really good lessons and solutions come out of this crisis.