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As I warned again and again about how Coronavirus can become threat to World Stocks before the stocks started falling, many asked why, it is curable and other stuff, so here is a thread on it.
Coronavirus 2019-2020 infections that are on in China right now is from the family of virus that caused SARS in 2002 that started in CHINA.
SARS started in CHINA in November 2002 and gained headlines in February 2003 when a few Americans got infected, WHO issued Global Alert in March 2003 and the entire epidemic lasted till 2004.
So the SARS outbreak lasted from Nov 2002 to 2004, almost 2 years.

Total cases as per data were about 8086 cases globally and 774 deaths, out of 8086 cases 5327 were in Mainland China.
SARS symptoms were similar to the current Corona outbreak causing Pneumonia, breathing issues and eventual organ issues.

The treatment too was very similar and so was isolation and infection prevention techniques.
The transmission routes of SARS were similar i.e. Mucous Membranes (cough, nasal drip droplets, diarrhea and human excreta)
China was a large populous region back in 2002-2003 and it remains a densely populated region right now in 2020.

In 2002 China and the world might not have anticipated something like SARS but in 2019-2020 China has experience of dealing with SARS.
Despite more research, scientific advances, better prevention techniques and more awareness and experience due to previous SARS - The current Coronavirus 2019-2020 infections have gained very large foothold in China.
While total count of infections globally for SARS was at 8096 in 2002-2004 epidemic currently as I write with just about a month of history, Coronavirus has already infected 12000 + people across the world.
What current stats related to Coronavirus infection indicates us is that the transmission rates for this disease are way above what was seen in SARS back in 2002-2004.

Therefore more and more people are falling ILL to the viral disease.
So while everyone says it is curable, China thumps their chest for building 1000 bed hospital in 7 days, If you look at the data coming in there has been not a single day of tapering in number of Infections yet.
So if we don't see the disease infection count tapering, there is little to be at joy about in terms of Cure and Building Hospitals.
If the count does not top out anytime soon, it means larger cities, provinces of China need to be quarantined for a longer period as a lot of hidden carriers are among the people in general.

Even cancer can be termed curable but would one afford a cancer epidemic?
To contain the virus you need to shut down offices, factories, malls, public places, cities, states and regions.

You have to ask people to stay indoor so that they dont infect more people and dont get infected either.
In current times in Global Trade when every country is linked to other country, if CHINESE economy and people are in a grave situation when infection rates not dipping out, How can we possibly expect that this phenomena will not impact the Stock Markets of the world?
Maybe I am over-reacting to the danger and it might not be this a bigger threat, But let us wait for the Infection Count to top out to reach a conclusion that things are getting better.

It being curable is not a great relief if it continues to be spread across.

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