Sorry for starting a new thread, but there are so many starting at once I thought maybe wwe might consolidate somewhere.

I am staggered by Greenspan's comments. Now the Feds are accusing companies for hoarding. A personal discussion with an economist at Prudential Securities said that hoarding "stockpiling" was what would make this y2k thingie be just a "big collassal nuisance" (i.e., BITR). (Despite the fact that this guy was writing a y2k projection, he couldn't hit a couple of fastballs like, "Where you gonna put all these stockpiles?" or "How does Germany stockpile enough "energy" to handle the missing 40% that they get from Russia?")

Soon the CEO's from these companies will start posting on this board about how they are being accused of wearing tinfoil hats.

-- Dave (aaa@aaa.com), September 17, 1999

Answers

Post any comments about Greenspan's speech on the following thread:

"Greenspan Discusses Y2k Impact"

http://www.greenspun.com/bboard/q-and-a-fetch-msg.tcl?msg_id=001Q8K

It contains the actual text of Greenspan's speech and not just the press's summary of it.

-- Linkmeister (link@librarian.edu), September 17, 1999.