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On 9/27/1998 elections will be helt in Germany for a new parlament, and thus for a new government. Contrary to my strong believes and hopes one year ago, Y2k does not play any role at all during these elections. There simply isn't any Y2k discussion at all in Germany. We have to keep in mind: - As this is the most powerfull nation in Europe, Germany is very influental in how the Y2k crisis will be handled the coming years. - There are many business/trading/economic/political dependencies between the US and Germany. A collapsing German economy as a result of Y2k will have an additional negative impact on the (supposedly) better prepared US. - I still expect a discussion to emerge on the issue of Y2k being more important and urgent than preparation for the EuroDollar. This is bound to become a political issue. John | ||||||||||||
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