Gekko

THE Japanese banking crisis unfolds like one of those slow-motion explosions in a Sam Peckinpah movie, like The Wild Bunch or Straw Dogs. The Japanese crisis is generating a lot more useless talk than Sam would have tolerated, though, at least on their side of the Pacific. But so much of our own fate turns on the outcome that I’ve decided to start paying attention to it.

Far and away the best informed person writing about the Japanese banking crisis is Jeff Uscher of Grant’s Asia Observer. I have my differences with him about a couple of points, but the burden of proof lies with people who disagree with the way he lays out the facts.

JD

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John Dizard

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THE Japanese banking crisis unfolds like one of those slow-motion explosions in a Sam Peckinpah movie, like The Wild Bunch or Straw Dogs. The Japanese crisis is generating a lot more useless talk than Sam would have tolerated, though, at least on their side of the Pacific. But so much of our own fate turns on the outcome that I’ve decided to start paying attention to it.

Far and away the best informed person writing about the Japanese banking crisis is Jeff Uscher of Grant’s Asia Observer. I have my differences with him about a couple of points, but the burden of proof lies with people who disagree with the way he lays out the facts.