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Here's a news headline from someone who takes the YK2000 issue
seriously:
DMG'S YARDENI RAISES RECESSION ODDS DUE TO YR 2000 ISSUE
He places the possibility of a recession at 40% by 2000, up from 30%.
He might raise that estimate to 60% depending on the OMB's next
report, due out Mar 15. The 10% of problems not fixed by then could
be sufficient to do the damage.
Joel Marver
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