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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.87+3.9%4:00 PM EST

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To: Bill Grant who wrote (19747)9/25/1998 11:43:00 AM
From: Alex  Read Replies (1) of 116842
 
*********** Must Read ***********

"This is a fundamental shift. This is not the yellow lamp flashing. This is the red lamp flashing," he says.

Ohmae should know something about warning signs. He was a nuclear physicist before he went into management and founded McKinsey's in Japan – and, even in the boom years, he correctly diagnosed Japan's core problems and warned of trouble ahead. Right now, those problems are producing the gravest banking crisis the world has seen since the Great Depression. Ohmae says the signals are indicating imminent "system failure".

afr.com.au
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