How do we know its so unbelievably wrong, i haven't been able to find a study that supports that the number of actual people infected is a lot higher than reported. I'm definitely not saying it's not a fair assumption based on the south korea numbers, but its way early to call. And even with a low death rate, having a lot of sick people at the same time can be very disruptive.
I live in the Netherlands and over the last couple of days the number of infected people has been steadily increasing, fear is we'll have a northern Italy type of situation over the coming weeks. People from Tilburg who are feeling ill have just been ordered to stay indoors and public events will be canceled, wondering what issues the Efteling is going to face since they're pretty close to Tilburg.