🚀 go-pugleaf

Gordon Hamachi writes
> I read the book and it scares the hell out of me.

Figgie's "Bankruptcy 1995" still scares the hell out of me, but for an  
alternative view, see Business Week, January 11, 1993, p. 14.

The reviewer says:

        His predictions of economic ruin are, frankly, silly.  If the deficit
    goes unchecked, he anticipates a currency collapse, widespread bank
    failures, massive layoffs, cuts in Social Security benefits, and
    hyperinflation.

        I would like to make Figgie a little wager.  I will bet him a year's
    pay that by 1995, the annual deficit will still be in the neighborhood of
    $150 billion to $200 billion, and even so, our currency will be strong,
    inflation will be quite modest, and the U.S. economy will be, overall,
    healthier than it is today.