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To: John Mansfield who wrote (28654)2/20/1999 6:31:00 PM
From: Ron Everest  Respond to of 116866
 
I agree with your hypothesis to some extent. Y2K preparations ARE consuming $ for specific survivalist supplies. One wonders what the effect of 1-1-2000 with no humungous problems will be. Sales of those items will fall off for a long time.

Agree with earlier post that stated the longer term (6 mo to 2 years) effects of Y2K problems mainly in the third world will put a malaise into the economies on top of the Asian problems. This will be the greater problem IMO.

BWDIK

Best regards,
Ron E



To: John Mansfield who wrote (28654)2/20/1999 9:54:00 PM
From: long-gone  Respond to of 116866
 
<<This is another aspect of Y2k that is truly frightening. I see it beginning to take shape in my industry in my area of the country. Sales are way off and management is looking for ways to cut expenses.

The first expenses to go, of course, will be those marginal jobs that make life easier for managers (Support Personnel). If your job doesn't contribute directly to the bottom line, it is in jeopardy. I think we will see many layoffs as companies consolidate to ride out the Y2k storm.

As the herd moves and gets serious about Y2k preparations, it will be harder and harder to keep a job selling non-essentials like life insurance, automobiles, investments, etc.>>

John, have considered this and wonder if we will go to pretty & expensive small cars from Japan or Trucks from the US? The people at Coleman & Generac are having a great time building generators. Ruger & Mossberg are reported busy building firearms. People are stocking a little extra food at home and are less dependant on day to day travels to the store & are going out to eat less. Are these bad things?

I'm not suggesting we be all one way and none the other, but this is how our nation is. Many are going to over prepare when they have never done anything before. In the end, a happy medium will be met.
Our society must swing very hard one way before it will ever swing
back the other.

I don't like it either; it is, just the way it is.