My two cents::
1. Containment works to slow the virus as is happening now in China, Taiwan, Singapore and a few other places.
2. Containment will slow the virus in Italy too, even if that doesn't appear to be the case today.
3. Ultimately the virus may affect quite a lot of people worldwide. But we will overcome. I am hoping what they say that about 80pct of people infected will suffer not much more than a bad cold and not require hospital treatment. The 20pct who do require hospitalization, unfortunately not all of these (depending on available care) will make it.
4. The greater tragedy and danger will be social unrest resulting in lack of food, and water . Also very important lack of income.
We should contain the virus as much as we can in a controlled manner as much as possible, but when a large number of people have gotten sick and containment is no longer an option, we should all get back to work doing what we do and keep the wheels turning on Society. The wheels must turn or else people will starve. We can make it. I am confident we will survive this once in a hundred year viral crisis, we need to remain strong.