Deficits and the dollar

the long version

This book was published in 1985. The computer runs on which the analysis was based go back to March 1985. This postscript brings the story up-to-date. How far have events over the last two years conformed to the prognosis? Where they have not, why not? The conclusion reached is that both the dollar and the world economy are still on track for the predicted "hard landing," even though several important developments were not anticipated.