Links at October 13 Senate Y2K Committee website are now links to HTML documents.greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread |
This morning, the links at the website of the October 13 testimonies to the Senate Y2K Committee were links to PDF documents. They are now links to HTML documents.http://www.senate.gov/~y2k/hearings/991013/
-- Lane Core Jr. (elcore@sgi.net), October 14, 1999
The links are all now .htm except for Nick Gogerty's testimony on global finance which is still in .pdf format.
-- Linkmeister (link@librarian.edu), October 14, 1999.
Great. Gegerty's was the most damning. Gotta keep that locked up in PDF locked files so that .005% of the public will see it.
-- Dog Gone (layinglow@rollover.now), October 14, 1999.
Gogerty made a very important point:No matter whether Y2K = BITR or Y2K = TEOTWAWKI; the global $1 Trillion US dollar per day foreign exchange trading cannot tolerate any settlement delays. Therefore, the money managers will take premptive action and seek safe havens prior to Y2K: flight to quality; flight to liquidity; credit tightened; flight to physical assets; etc.
Based on this it seems a recession is inevitable as our best case scenario - eliminating anything on the 1-4 scale of Webster's Y2K impact scenarios.
If you doubt this read the global finance addendum and check out the graphic on page 34.
-- Bill P (porterwn@one.net), October 14, 1999.