"Exotic Markets"

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

In today's 'Boersen' - Denmark's financial newspaper (the equivalent of the London Financial Times), a Danish investment consultancy warns that Danish companies' investments could be affected by Y2K problems within the 'Exotic Markets' (meaning the economies of far-off countries of which we know little), but this will be more than balanced by the improvement in the US Stock Market, once it is clear (after 1/1/1900) that the fears of Y2K problems in the US were mostly groundless.

So yet again it seems that we in the West can party on, while Johnny Foreigner sinks.

Or then again ...

-- Risteard Mac Thomais (uachtaran@ireland.com), December 14, 1999


With Appologies:
"No country is an Island
sufficient unto itself"
Go ahead and fill it in yourself. Here's the original:

No man is an Iland,
intire of it selfe,
everyman is a peece of the Continent,
a part of the maine;

if a Clod bee washed away by the Sea,
Europe is the lesse,
as well as if a Promontorie were,
as well as if a Mannor of thy friends or of thine owne were;
any mans death diminishes me,
because I am involved in Mankinde;
And therefore never send to
know for whom the bell tolls;
It tolls for thee...

JOHN DONNE John Donne (1571-1631)

submitted for your consideration.... Rod (Night train) Serling

-- jes an illiterate, confused ol footballer (nighttr@in.lane), December 14, 1999.

Time for a reread of Y2K and the Global Trading System

-- Linda (lwmb@psln.com), December 14, 1999.

Hi Risteard, nice to hear from you again.

Did you also catch that other snippet, from Jyllands Posten yesterday:

"Markedet for el-generatorer er stxvsuget som gardering over for eventuelle computerproblemer. Beredskabsstyrelsen erkender nu, at man langt fra havde transportable el-anlfg nok, da orkanen hfrgede landet for ti dage siden..."

In short, following the recent storm in Denmark, the Danish emergency services (Beredskabstyrelsen = FEMA) have now recognised that they have nowhere near the number of portable generators needed to be prepared for Y2K. They have now decided to purchase every generator they can lay their hands on before year 2000.

Denmark is regularly counted amongst the best prepared countries in the world.

-- flkjlfkj (flkjlj@flkjl.com), December 14, 1999.

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