Jeff, my intent was to agree with you and then probe for further information about how people are preparing for the investment component. I'm sorry it didn't come across that way.
RE my water cooler, I am trying to get a broader sample of perspectives. A self-selecting group such as the posters on this thread is not necessarily typical. The point of my inquiries is not to determine my survival preparation, which I have pretty much settled on, but my approach to my portfolio, which is very much dependent on what other people do. The effect of Y2K on the stock market, assuming there still is a stock market next year, will be influenced by the behavior of those "in denial" as well as everyone else. The folks I talked to, many of whom are not only well read but news junkies, as of now are not planning to bail out.
A side note: early this morning on CNBC, the correspondent from London, Hastings, I think, attributed the recent slide in the dollar to Y2K. He called it a "flight to quality." When the anchor suggested that quality usually meant dollar, Hastings said that in times of stress the Japanese and Europeans are more comfortable holding yen and Euros, respectively.
Karen
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