Ron-my final answer;you answer my previous questions, then I will answer your later ones
Let's face some facts here Ken. You really don't care about what I have to say as you would take extensive pains to drill holes in any comments or answers that I provide.
However, I'm not really trying to convince anyone that Y2K will or won't be highly disruptive. I frankly don't know what is going to happen.
But on the other hand, I do firmly believe that what problems do occur, there will be people working overtime to resolve them and get systems up and running again. How long that takes, who knows.
But the difference between our perspectives is that you seem absolutely convinced that "it's too late" for resolve anything and that we're heading for a technological and economic meltdown. (I don't believe I have misrepresented your viewpoint. Tell if I have).
My perspective, on the other hand, is that no matter how bad the disruptions are, there is only so much that someone can do to prepare. And I believe that people should prepare for Y2K, like they would for ANY situation where power, food,... etc, could be disrupted for a lengthy period of time, generally 1-2 months of bare necessities I also believe that rather than storing huge quantities of water, it is better to have the means to filter and purify it.
As for money matters, we're taking a bit out for necessities sake..., paying off debts, and will likely short the market at some point this fall as conditions indicate. But my perspective is that should the world go to hell in a hand basket, money isn't going to be worth much anyway. You'd better have something to barter, instead. So you might as well leave your money in the bank and keep good records.
If people really feel they have to take all of their cash out of the bank, I'd much rather they convert it all into gold/silver. The Fed will simply inject liquidity into the system to hopefully replace those deposits, loaning banks money if necessary. But buying gold instead of taking out cash lessens the pressure on hard paper currency supplies.
But overall, each person has to assess their family situation and requirements. Obviously, those with young children must prepare more, or have a safe-haven to go to with family (thus making sure those relatives can handle the additional needs). Others, like ourselves have deliberately held back from making life-altering decisions like kids and buying a house until we're able to see what unfolds. We have different needs and thus, choose to be able to travel light and with relative quickness, if necessary (since we'll likely be moved out of the area anyway in a major disruption).
So there you go Ken.... There's my "pollyannish" perspective (according to you) for one and all to see.
Now its your turn to tell me how screwed up I am and how you would advise others to prepare.
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