Y2k is all about liquids and liquidity

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Based on my own assessment/opinions, I do not think there will be many areas out of electricity.

The big immediate problems will be: water and petroleum products, esp. gasoline and heating oil. There will also be financial liquidity problems big time.

If a city is without safe water for a period of time, no useful economic activity will take place there. If that city is the source of cruical parts needed elsewhere for remediating other systems, those parts will not be produced until the water supply is back in service.

Without civilian gasoline, most economic activity will come to a crawl.

I suspect that increasing shortages of petrolem products as we go through December will be a way for the whole population to become aware of the problems that are coming with the new year.

Unless interest rates are sky high, it will be easy for someone to take on new loans just to "cash out" of the system (hard money or tangible items for resale). Either way that plays out will lead to a liquidity crisis (even if the Japanese banks hold together).

So, focus on liquids and liquidity. Help your family, friends, and community the best you can.

-- David Holladay (davidh@brailleplanet.org), November 18, 1999


I'll drink to that.......

-- Bill (bill@tinfoil.com), November 18, 1999.

Don't forget the lack of a functional sewage system either. This was one of the causes of the 'Black Death' that erradicated 1/3 of the known world's population. Bring on the Rats!!!Let Flush the Bowls of War!!!

-- Dr. Moreau (Where @TheWildThings.Are), November 18, 1999.

Great thread title. Liquids, Liquidity & Liquor!

-- Downstreamer (downstream@bigfoot.com), November 18, 1999.

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