Yes. And if we say, "It could be worse," in the manner of being dismissive, it WILL BE worse.
The best way to make sure this turns into another 1918 is to discount how bad it could be, if we don't act properly.
I'm not discounting but I've looked at previous things to compare with. Also looking at foreign countries like Ecudor.
There's already signs of food shortages for a variety of reasons. Here it's flour, we have plenty of it but there's a shortage of packaging and resupply is 6 weeks away. Flour Mills are still running, the store houses are 90% full.
This is the start. Starvation won't be a problem here, hunger is going to be a problem in say USA. Starvation is shaping up to be a problem in India.
Latin America is going to be hard hit.
Someone's going to take a look at Italy with say 30k dead which is less than 1% dead and go screw it the virus will kill less than mass hunger and starvation.
And it's going to be the perfectly rational choice to do that.
With previous pandemics it's often not the virus that kills but the wars, hunger, starvation etc. Suicide here with mental health has killed more, one of wife's ex workmate lost his son last week to that. Girls were crying as early news was the workmate not son.
If we can't get a vaccine the herd immunity plan is going to be the next least bad option. We might have to beat it the old fashioned way due to a lack of options.
It's not going to burn out in the next month or two.