<The Embedded Chip Y2k potential failure can touch every sector of the economy... Just
to name a few areas, The Electric Utilities, Airlines, Trucking, Railroads, Computers,
Automobiles, Elevators, Medical Equipment, Satellites and Communications, and much
more... Embedded Chips are in almost any electrical equipment that you can think of..>
Jim, it does appear that the issue that you raise is of widespread
concern. "If widespread computer breakdown were to
occur millions of people dependent on state
funds could find themselves without money and
public utilities could leave whole populations
stranded without water or power.
In a recent article in the Wall Street Journal, chief
economist at merchant bankers Deutsche
Morgan Grenfell, Edward Yardeni, said there
was a 60 percent chance of a recession
because of the computer bomb, with the
possibility of a depression."
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