Yes, we may be massively underestimating the denominator, so the true fatality rate could be 0.02% (killing tens of thousands), not 2% (killing millions). But that question is academic! ICUs (e.g., in NYC) are overwhelmed and doctors/nurses wearing scarves are hand-ventilating...
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naive population changes the dynamics a lot even if it doesn't change the total numbers
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Naive population also changes the total numbers, often drastically.
End of conversation
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