Media reports of the spread of the coronavirus from China exaggerate the risks. Of course, in this day of instant media that should be expected.
Hourly reports list a few new cases in one country or another and breathless bureaucrats crowd the news channels uttering words like "pandemic" and potential terrible international repercussions.
The words you should really look at in these reports are "could", "might" and "may".
I fully expect this pseudo pandemic to come to a screeching halt sometime in the next couple of months if not earlier. At that time or maybe