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[interdoc-y2k 308] yardeni



how can he predict only a recession when the oil producing countries
are y2k compliant? this was touched on in another list. the 74
recession was because of a 5% reduction in oil. how on earth are
countries like Arabia and Nigeria going to produce the same amount of
oil when they are vaugely aware of y2k and years away from being
compliant. this society runs on energy from oil. what is going to
happen if or when a significant amount of these countries cant supply
the oil demand? . can someone explain why more economists and have
not raised this issue?