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Technology Stocks : Discuss Year 2000 Issues

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To: flatsville who wrote (4003)2/20/1999 12:11:00 PM
From: John Mansfield  Read Replies (1) of 9818
 
Der Spiegel magazine German article on Y2k - some translations....

' Computer changes cause panic in the USA

DaimlerChrysler employee taken as an example: hoarding food and weapons etc; now and then a Y2k training exercise.... :

'he SHOUTS 'year2000' and turns of electricity in his home and starts another Y2k training'

' Doch während die Europäer für den Jahrtausendwechsel Volksfeste und Ausstellungen wie den Londoner Millennium-Dome planen, wachsen jenseits des Atlantiks Ungewißheit, Angst und Hysterie'

--->
In Europe people are preparing for big feasts but in the USA fear is growing....

' Manche legen sogar Bunker an, weil sie fürchten, die Militärcomputer könnten einen unbeabsichtigten Raketenhagel auslösen. '

---> There are even people who are building a bunker, fearing missiles could be shot at them because of Y2k

' Eine ganze Industrie lebt schon vom Geschäft mit der Angst...'

---> A whole industry is living of this fear...generator industry etc.

'Mittlerweile fürchten Ökonomen, daß nicht das Computerproblem, sondern die dadurch ausgelöste Hysterie böse Folgen haben könnte.'

---> economists fear that not Y2k itself but the fear of it will lead to chaos

'Obendrein profitiert ein ganzes Heer von Evangelisten von der Angst'

--> many Evangelists are profiting from this fear
____________

My interpretation:

So this a typical article, just laughing about all those crazy Americans preparing.... here in Europe we are more mature..

Der Spiegel is the most important liberal weekly in Germany, and widely read especially by the now governing Social Democrats and Green party.

This article is especially astonishing; as they are normally capable of high quality in profound investigative journalism.

But not on Y2k; this is yet another example of their (IMO irresponsible) attitude towards Y2k.

John

spiegel.de
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