Asian countries curve is very flat, European countries very steep. In USA it is curving upward but still very low at 2%. The mortality from flu is about 0.1% in the USA so this is high, but the figure is still preliminary as no mass testing has been conducted. Deaths are confirmed, but the number of asymptomatic carriers is unknown.
COVID number uses deaths/confirmed cases
FLU uses deaths/estimated cases
Its been estimated that 86% of people who have COVID dont realize it or have symptoms so mild that they do not get tested. 215k/.14 = 1,535,714 estimated cases.
Using the same formula as the FLU, the COVID actually has a .33% death rate in the USA. Still worse than the flu but a far cry from the numbers the media tries to scare the public with.
I think flu is a good baseline comparison in that case, although probably on the low side. Also Covid-19 deaths obviously vary greatly from country to country. No doubt, it is highly infectious and debilitating.
South Korea probably gives the best idea of mortality because they have both an effective healthcare strategy, and a mass testing program, which can both be copied. Testing in Europe is currently insignificant.
My outlook is optimistic on the virus, partly because of this.