Money In Stock Market example essay topic
There will be minor problems but it won t effect the world. Y 2 K is a big problems for banks because nowadays all the banks use computers. Many people are scared because they think that they will lose all the money that they saved up in bank for all these years because people scared that the computers won t work on January 1, 2000 and they will lose all the information that they had all these years. In my opinion I think that many banks are ready for the Y 2 K and they have back up for their computers. So they won t screw up like big time but they will have little minor problems but they will handle it right away.
And banks are already talented for screwing up in minor problems so you won t notice that they screwed up. So banks could handle it and they are not scared of Y 2 K. Another thing that people are sacred is that it will effect our stock market big time. Many people are scared because they don t know what will happen in 2000. They think that the stock market will effect because it also works with computers and the computers will shutoff.
They are also scared because they got an idea that the stock market will fall down and the people that invest the money they will lose their money big time. So many people who invested money in stock market they took their money back from the market. But I think that the stock market will fall down before Y 2 K because nobody will plan to inves money in stock market so it will effect stock market. But the people who are not scared and invest their money in stock market when it falls down and they leave their money in stock market till January 1, 2000.
Those people will make money because after the January 1, 2000 if nothing happens people will want to invest their money in stock market so the stocks will go up and people who left their money in stock market they could sell it for a good price. So many people will make money on the stock market. There are many people who are scared of nuclear weapons. They think that the computer controls the nuclear weapons and the nuclear weapons will go off automatically because of computers. People are scared because they think that the computers handle every nuclear weapon so they will go off when the Y 2 K comes up because the computers will have problems with working the nuclear weapons. But I think that they already worked on it and they got everything on control before they run into any problems.
And computer doesn t control the nuclear weapons, it's the human being that controls the Nuclear weapons because you can t trust on the computers because what if someone by mistake did something and everything goes off. So it is a big risk for people to let the computer control the nuclear weapons. So people control the nuclear weapons not the computers and it won t be a disaster and it won t go off by itself. In conclusion I believe that I won t be a big problem, but it will be a minor problem. They got back up and many big companies are ready for Y 2 k. They got everything in control and they are not scared of Y 2 k.
So when I wake up on January 1, 2000 the world won t come up to an end but it will be normal and it won t be a disaster outside.