It was so wierd. People were hoarding food. Pundits were predicting that airplanes would fall out of the sky. There was tremendous anxiety across the nation. BUT NOTHING HAPPENED !! ZERO.. ZILCH
And to make the situation even wierder, January 1, 2000 was about the peak of the US economy. The stock market tanked a few months later and now, in retrospect,the turn of the millenium looks like a delight and not a disaster.
My theory is that all the corporations spent billions of dollars to upgrade computers and systems in the last months of 1999. This money caused prosperity across the land. Since everyone over-purchased, the economy then tanked. |
