For a large organization, this could take four to five years or longer, but very few companies started that long ago. A quick look at recent reports from the Securities Exchange Commission gives an overall picture. Most of these companies started working on it in 1995 or 1996. The last fact brings the most concern. Companies that started four or five years ago are now in the process of finishing their fixes, and there isn t nearly that much time left for those that are starting.
Government agencies are in serious trouble, too.
You won t be able to rely on having electric power, drinkable water, food at the store, gasoline for your car, or any of the numerous products you use on a regular basis. Your bank may not be able to cash your checks, or your phones may not work. There will likely be a gasoline shortage, which will cripple our normal distribution system for the normal flow of goods and services. If you rely on Social Security checks, federal payroll checks, or federal payments to your business for goods or services, you may not get paid. Products and raw materials from other countries are very unlikely to get here.