John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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Hawkmoon

To: John Pitera who wrote (18512)	12/14/2016 12:38:59 PM
From: benwood	1 Recommendation Read Replies (1) of 33421

No, Y2K was real. It was the hysteria I am referring to, and the outsized catastrophic predictions of Yardini and others of economic cost and loss. Maybe he did a service by scaring some into actually addressing the issue who'd otherwise have just ignored it. There's another one coming up, Y2038, when the Unix time wraps around. You wouldn't think it could possibly be a problem but then when the OPM data breach occurred a couple years ago, I recall reading they were still using a COBOL operating system based database.

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