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This is a new virus that has not been found in human before, so the description that ‘normal flu is worse’ does not seem to be a firm conclusion to come to from the available data. In order the manage the severe cases, and try and ensure out health systems are not overwhelmed, action needs to be taken to try and slow down the infection rate.It is also unclear as yet as to how much immunity those who have had the disease will acquire (hence the WHO statement that a policy based on ‘herd immunity’ may not be a good policy) or any long term health impacts.
Certainly there will be a short term economic shock to the global system. The medium and long term is less clear.
Keep in mind that restrictions on travel and global trade are the type of things we will need to do in order to try and impact global warming. This may be the ‘new normal’.
Stay safe, and lets all look out for the most vulnerable in our societies.