@waterbomber... I'm not questioning the seriousness of the epidemic but the economy should open somehow in a month or two. There is a limited amount of time societies/states can resist without a functional economy. I would say a few months. We've already spent between 1 and 2 months of quarantine, depending on state. Beyond that, people will have to choose anyway between the epidemic and major social turbulence/war.
I'm also wondering how's possible that countries like Japan (high density, elderly population) are so untouch. I'm wondering even more looking at India or Bangladesh. Even with less testing or government doctoring the numbers, bodies should have been piling on the streets by now.
Unfortunately, that ship has sailed.
The only right call to make was a very early total border closure of individual nations, late January, February at the latest.
This would have kept the virus outside such nations and maintained a fully functional local economy and domestic market.
Hotels, restaurants and airlines with extensive international networks would still have been hit pretty bad, but the extent would have been limited.
This is the only available playbook for nations:
The only way forward is to hermetically close borders, eradicate the virus locally by locking down tightly for a month (forget social distancing, instore a shoot on sight order for anyone attempting to leave their homes), creating safe zones where this was achieved, then extending the safe zones until it is eradicated out of an entire nation. At that point, keep borders closed, but unleash the full domestic economy with tight resurgence surveillance, maniacal contact-tracing, and a minimal degree of social distancing.
Eventually nations will come to the conclusion that this is what needs to be done.
Everyday that a nation delays implementing the above, it is wasting one day for the economy.
Reopening a nation full with potential spreaders is not a plan, it's idiocy.
For instance, the U.S. 3-phase plan is total stupidity when people can cross from one state to the other or take flights from hot zones to other area's and restart the spreading cycle.
If you want the economy back, you need a short but total lockdown that isolates and eradicates the virus. With loose guidelines, all you do is create an ever-lasting anemic situation.