It would be a fiasco if preventative measures are far in excess of what is warranted; a hoax if a deliberate agenda lies behind the fiasco; the real thing if our worst projections are born out by facts we do not yet have.
John Ioannidis makes a strong argument that we should wonder if the global response to the virus is a fiasco:
…The data collected so far on how many people are infected and how the epidemic is evolving are utterly unreliable. Given the limited testing to date, some deaths and probably the vast majority of infections due to SARS-CoV-2 are being missed. We don’t know if we are failing to capture infections by a factor of three or 300. Three months after the outbreak emerged, most countries, including the U.S., lack the ability to test a large number of people and no countries have reliable data on the prevalence of the virus in a representative random sample of the general population. (A fiasco in the making? As the coronavirus pandemic takes hold, we are making decisions without reliable data)
That the US response is a hoax or possibly a hoax is explained by sundance, a well-regarded conservative blogger:
…There’s been a debate about possible political motives surrounding the panic he has created; the massive economic damage he has inflicted; and the conflicting assertions of National Institute of Allergy and Infections Diseases (NIAID) Director Dr. Anthony Fauci.
CTH identifies the motives as sketchy. He appears to use his position to advance theories and yet position himself to avoid scrutiny.
Sometimes within a 24 hour period Fauci will make a statement, then contradict the initial assertion, then attempt to cloud his own conflict with obtuse and wordy explanations. (Political Health – The Motives of a Very, Very, Political Dr. Fauci…)
If it’s the real thing, a real pandemic with unusually high mortality rates, then we still have many unknowns to consider. Chief among them is the question of whether the virus is a bioweapon or not. If it were a man-made bioweapon, its chemical and RNA structure should reveal that. If the virus evolved naturally, it still could have been used as a weapon.
If it was a weapon, was it released due to negligence or design? If by design, who did it? Since the virus first appeared in Wuhan, which is also the site of a virus research lab, the most likely explanation is it escaped into the general population due to negligence.
Other explanations are, the CCP did it deliberately as payback for losing its parasitic privileges in world trade; the US did it to finish the CCP off; someone else did it, possibly Russia or Israel (because Iran has also suffered badly).
Of course, there are many other possibilities worth considering. Variations on the coivd19 story read like prompts for playwrights.
From a Buddhist point of view, there is much to be gained from this catastrophe, no matter how it eventually comes to be seen. Life, death, impermanence, emptiness, the value of mindfulness, wisdom, and compassion are all stimulated producing heightened awareness and sensitivity to the miracle of existing at all.