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Individuals who feel that their families should prepare for Y2K can or could be caught in an awkward position Even though we are really adults we are still for the most part totally dependent on our parents financially Getting my parents to prepare for Y2K wont be an easy task I for one know that my dad firmly believes that Y2K is just being blowed up into something greater than it actually will be In my opinion Y2K wont affect all aspects of every day life but will probably affect the lower class banking systems and corporations which are using computers that are running outdated software The so-called Millennium Bug or Y2K problem y stands for year and 2K is 2000 in computer parlance has arisen because most computer programs store the year as a two digit code Correcting the old software will only be part of the problem There are also billions of chips that are embedded in cars video recorders telephone systems power stations oil pipelines train tracking systems chemical plants nuclear tipped missiles elevators medical equipment and satellites According to recent research done probably five percent or these will be date sensitive For these items there is no way to re-program them They can not be re-programmed because they are hard wired making re-wiring them a difficult and expensive task On the other hand these products can not be replaced easily Corporations and government agencies have been working around the clock re-programming the date codes in computer software But even this task is much more difficult than people could imagine it being Most experts agree that even in Europe and the USA where the most attention is being paid to the Y2K problem many systems will not be ready for January 1 2000 Japan with economic problems of its own has not given the problem much attention Other Asian countries and most developing nations have hardly even touched the problem When the
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