It's now very likely that we're going to have disruption from this for weeks, if not months. With bans on big events likely for at least March and probably April, it's probably not a very good time to be planning anything major because it will likely be closed or called off.
The question is ultimately how quickly we can develop an effective treatment that isn't reliant on the body fighting this off - not always possible, especially if you've got other conditions - or a vaccine. 'Herd immunity' through the bulk of the population getting the regular version of the disease is going to result in a lot of deaths and take a long time indeed.
I think we're going to be dealing with this for a good year or two and will to adjust our behaviour to adapt.
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