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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (37713)11/28/1998 6:24:00 PM
From: accountclosed  Read Replies (2) | Respond to of 132070
 
Skeets, I am in a discussion that I don't really get the basic premise. I understand why people may avoid air travel right as y2k hits as people are concerned about bugs in the air traffic control system. But I really don't know why people will avoid travelling next year. Especially if the stock market bubble remains inflated, I would imagine a lot of trips would take place financed by gains on aol, ebay, etc. Even if they are only paper gains, they help people feel rich.

Similarly I am unaware why car sales will suck next year. Perhaps others are into this theme. The simplistic way I look at it is that cars will sell if people are working and stocks are high. Someone else might have an analysis based on average age of cars on the road.

But again, I don't know what it is I am debating. I am unaware of holding off of purchases as a big phenomenon in 1999, unless there is a precipitating event like a recession, a stock market crash or the like.