Covid-19 infection rate is significantly higher than we can test for, and early reports show the virus being mobile around Nov 2019. Meaning, we've had it in America / Europe for roughly five months, and the amount of infected are impossible to calculate given so many people aren't showing signs of of the virus, or simply don't have the means of being tested.
I'd guess the real fatality rate is closer to 0.5% world wide, and the infection rate somewhere shy of a billion.
It's not a massively fatal virus, it's not going to break countries apart of start a third world war, and, in the end it'll appear over-hyped and over-documented given the media hysteria.