In medical terms this is true.Except we could have more critical care beds and definitely should have ordered more ventilators well before now. Based on the modelling surely that was common sense.
However,the sociology of any crisis is well mapped out and we are now in the 'panic phase'. Seeing supermarket shelves bare and Dettox on Amazon UK at 69.99 didn't surprise me. But I'm hearing of the theft of hand sanitizers and masks from hospitals becoming a real issue. That is sad but I guess consistent with panic or profiteering.