Someone else, forget who, posted this projection - seems pretty fair to me...

Week 1 Dec 31st-Jan 8th

primary embedded failures (some water/sewer, chemical plants, manufacturing) - Unknown level of impact...could be a 1 (unlikely but possible) or a 7-10 (unlikely but possible) figure a general 2-3 in most areas but a 10 in others.

Week 2-14

The unraveling of the economy-JIT failures, processing, accounting glitches. Fuel goes through the roof... rationing is probable. Stock market contracts, puffs then implodes for 2 qtrs. minimum. Longer if fail scenarios in production facilities remain troubled. This will be a 5-9 on the scale. Oil and chemical plants hold the key here. 40% of small businesses have done nothing for y2k. 10% of these will fail outright within 6-12 weeks. 7-26 million will be added to the unemployment rolls by June 2000. Govt. steps in but can't stem the tide. National emergency declared in most states by mid Feb.

Week 15-52

Slow then moderate recovery mixed with new fail scenarios keep anxiety very high. Level drops some to 4-7. Market starts back on recovery but will take yrs to recover fully.

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This just seems very plausible to me.

-- Andy (2000EOD@prodigy.net), December 28, 1999

Answers

with my 2 cents worth

1. we have "oil-shock" much worse than 1973, much much worse.

2. this blows away bubble.com

3. commodities, oil, lumber, gold, silver, skyrocket (gold and silver to the moon...)

4. hyper-infalation

5. depression/slow rebuild a la Ed Yourdon/Yardeni "a decade" etc.

6. you fill in the blanks...

-- Andy (2000EOD@prodigy.net), December 28, 1999.

I think hyper-inflation would require the banks and federal reserve being functional and working full blast making money out of thin air.

Should the banking system collapse, then there may be massive deflation as the US is left with only 150 billion or so in paper money. Of this, the vast majority is in institutional hands and not easily circulated. With the further collapse of the velocity of money, we could massive buying power given to the remaining dollar bills.

Ladies and gentlemen, place your bets on the table. Once "the panic" starts, it will be difficult to change your bets. Soon, we will be playing the game for real with just the cards we have been dealt. What cards are you holding now?

-- David Holladay (davidh@brailleplanet.org), December 28, 1999.

I also think this is very plausible as to what to expect. Sounds very much like Jim Lord's projection as well.

I think a severe oil situation is going to take its toll by springtime, and tens of thousands of businesses will go bankrupt, causing severe unemployment. By summertime, it will be clear that we are not going to recover from this depression, so the sheeple will be forced to let the government restructure our way of living just to avoid starving to death (socialism).

The hugest banks and corporations will merge into even fewer but larger corporations. Physical currency will be eliminated, and the entire financial system will become completely digital.

The classes will become even more widely divided, with the majority of people falling into low income blue collar and service type occupations, or dependent on government, and a minority (5-10%) remaining in high income professional (medical, technical, engineering), political, and corporate executive positions.

Within the next few years, our personal welfare and security with respect to occupation, health care, and other such needs will be dependent on our individual standing within the electronic system, completely controlled by the elite of the corporate and political establishment.

-- Hawk (flyin@high.again), December 28, 1999.

Aftermath in my opinion will include hyperinflation. Once the inability to field the required amount of goods to sustain the population, people will shovel paper IOU Nothings for a loaf of bread. Gold and Silver itself will not be a good item to exchange in the early moments of Y2K. Food and other commodities that sustain life will be worth much more than Gold and Silver.

If Y2K has this much of a devistating effect, the Federal Reserve will be history along with the US gov't and the New World Odor.

Less than 4 days.......................... Oh by the way, it is already too late to cash out of the Stock Market. Seems to me that the whole Stockmarket sceen was manipulated to prevent mass exodus to quality liquidity (Land,supplies and precious metals). Y2K is an all or nothing game for the Banksters as Gold and Fiat money can not both exist side by side.

-- Mike (dwnsouth@texoma.com), December 28, 1999.

With an uncertainty factor of over 1,000% I'ld like to point out that states and even cities or counties can be granted the power to "coin money", it will be electronic or paper script of course, not real money (gold and silver). This would tend to cause hyperinflation and all sorts of other problems. It would be a very stupid move, so I guess we should not be surprised if it happens.

Andy? I can't remember the year but sometime in the last two decades or so the state of California actually did issue a form of legal tender that good only in California to pay government fees and bills. I think it had to do with a state budgetary shortfall and they used it to pay their bills. Can you remember the details? It got very very little coverage in the press (for all of the obvious reasons).

-- Ken Seger (kenseger@earthlink.net), December 28, 1999.

Re: California money.

The situation was caused by the politicians inability to pass a state budget on time (as usual). State IOUs were issued to employees (and maybe some vendors-I can't remember). Some Credit Unions and banks were willing to credit at least part of the IOU to the employees' accounts.

-- Evelyn (equus@barn.now), December 28, 1999.

I posted on the weekend comments from the grace Commision that the South American countries went from normalcy to hyperinflation in just one week. We have been setting the table for the destruction of our pper money since the reintroduction of central banking to the USA in 1912.

In crisis, the only thing the big boys know how to do is print more money. This will be no solution to Y2K and will only accelerate the destruction of our monetary purchasing power. The $US has lost 90% of its purchasing power since 1950. So what is the big deal with the remaining 10%?

-- Ishkabibble (ishman@home.com), December 28, 1999.

Andy:

Yes your comments are about what my guess is.

David Holladay:

About hyper inflation needing the fed to be printing money. To late. That has been going on since 1913. Everybody is just about to find out and have their confidence shaken. I just put an explaination of all that in the following thread. Have a read:

Mike:

Your are correct 100%. However if it has a measured effect, it will be a sufficent excuse to bring in NWO, World Currency, etc. to "save" us all, as will be explained. This is the game that is afoot. See the links at the bottom of my first reply in "OT, "The Donald's" Y2K Plan" (the link I just gave above) to understand what I see happening.

Ken Seger:

You have hit the nail on the head, but not statewise. The Federal Government has to do that. To do that the Federal Reserve must go. I don't know about recent state money. But that is the solution. Read my replies in the thread linked in which I just explained the issue in detail and then read the book "The Comming Battle" that is linked at the end of my first reply in "OT, "The Donald's" Y2K Plan" (the link I just gave above) which was printed in 1899 and explains the history of money and the money power in the US since the begining.

-- Interested Spectator (is@the_ring.side), December 28, 1999.

Lets try that link again:

OT, "The Donald's" Y2K Plan

-- Interested Spectator (is@the_ring.side), December 28, 1999.