t finally acknowledge they're spreading nonsense with these 4% mortality rates.
I think if you look at decent quality news publications, they would mention the fatality rate in Korea and in Germany and would not claim anything over 1.5%.
If you're watching cable news or whatever, sure, it'll be all alarmist. But that's standard for pretty much anything.
But you still seem to be massively understating the mortality rate. There is simply not any reasonable evidence that an IFR of 0.1-0.2% can be inferred from a CFR of 1.2%! It will be hard to know for CERTAIN until antibody testing is done after the fact, but it simply makes no sense that for a contained outbreak that you'd only have detected 10%-20% of the active infections. If 80% of the people with the virus weren't caught, you'd see massive continuing spread! It's much more reasonable to assume no more than 20-30% undercounting, with the transmission chains associated with those remaining cases dying out (likely asymptomatic people will be coughing less and transmitting less readily).
Reasonable quality publication (WaPo):
https://www.washingtonpost.com/climate-environment/2020/03/19/coronavirus-kills-more-men-than-women/
"South Korea presents a stark contrast to Italy. Rapid action by public health authorities, who have administered coronavirus tests at a higher rate than any other country in the world, has
slowed the spread of the outbreak there. As of March 19, the country had 8,565 confirmed cases and 91 deaths. As a result, its current case fatality rate of 1.06 percent is far below the global average."
The article goes on with more analysis of the affected population (church was composed of a lot of young people, and many women), etc., which may have skewed the survival statistics towards a slightly better result in SK. Would not be surprised with a slightly worse result (say 1.5%) in the United States, even if the hospital system were not overwhelmed. If overwhelmed (seems likely in NY), obviously going to go higher.