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It's been obvious for a while--from IFR. Either data there were completely wrong--or these numbers were implied. But always good to have direct confirmation. Test/track/isolate is only solution(.) until a magic bullet.
Yup, agreed. Early on we didn't know for certain what the numbers would be, but they have been remarkably consistent (IFR ~1%, CFR ~2-3%, crude CFR ~10%). There are no miracles - but luckily, good proven solutions by now (so we just need to actually use them...).
Test, Trace, Isolate - it's been said from day 1. We knew this worked for other viruses, we now know it works for SARS-CoV-2 to. I don't know what we're waiting for here in the US - there are no acceptable alternatives.
What "good, proven solutions"? Tell me again how great the models were, while you are at it.
Considering that South Korea has done a very good job at testing all contacts, with or without symptoms, I feel like the IFR is higher than ~1. What do you think of their situation (CFR vs potential IFR)
Case fatality rates in 
are 14-15% in 2 months. Terrifying.
Are you saying that in most locations 1% of the population have antibodies and that the death rate appears to be 2-3% of those infected? If the infection rate is that low, can someone comment on the data from NYC which suggests 1/5 of the population have + serology results?
Term by term: IFR is the number of dead per ALL infections. It is around 1%-probably a tiny bit lower. Thus 1 dead person = 100-120 infected. Cases are known cases--these are the people test positive which doesn't catch everyone sick -- so the CFR is higher than the IFR.
I’d love if someone can dumb down this thread for me.
Broadly speaking there are two types of tests - 1 tells you if you have covid-19. The other tells you if you've had it, if you've developed antibodies. This refers to the second. Studies suggest that only 5% of the population have had Covid-19 in Spain, Italy, Sweden. 1/
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