Someone losing their job is bad. Someone losing their life is worse. Besides, what do you imagine will be the economic impact if 1% of the global population dies in one year? WW2 took 6 years to kill 3% of the global population. Spanish flu around the same proportion in 2 years. Here's a good report by the way about the economic impact of Spanish flu: https://www.stlouisfed.org/~/media/f...flu_report.pdf