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What are the implications of the Y2K bug for the global financial markets?
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The Y2K bug was a potential problem that could have caused widespread disruption in computer systems around the world. It is believed that this would have resulted in major financial losses due to incorrect calculations and data errors, as well as potentially leading to power outages, communication breakdowns, and other issues. This would have had a significant impact on the global financial markets, with many banks and financial institutions likely to suffer from the effects of the Y2K bug.