In a month we'll forget about this virus because it won't be in the news and they'll just find another way to scare people through the media. Quick, try to remember what panic happened in 2009 with the Swine Flu. You can't, because we didn't panic. The world didn't go nuts at that time. This time they made people panic and go out and buy bulk toilet paper without needing to put a gun to their head.
The real cause for concern is how this will affect the global economy going forward. If the NBA, NHL, Disney, Universal, etc. all close their doors that is a bad sign, not for the end of the world or nothing, but just that it shows how ridiculous this panic has been overblown.
Before anyone says "Don't you care about the deaths?"
The answer is yes I do. But considering in the same time frame 10x more people have died worldwide over the flu, I think we need to just relax. We'll be fine. But if they were hoping to have the world economy impacted negatively it might just work.