Debt Shock: The Full Story of the World Credit Crisis

Debt Crisis, describing events in 1982 and 1983 and published the following year should be must reading for all economic leaders today.The crisis covered the Iron Curtain countries, Africa and Latin America and also ennumerates major unemployment figures for big American and European countries. It also explains the unregulated Euromarket that predicts the end of regulation that soon. The author, probably through his trade journal contacts seems to know the sites and players directly. I read this book 3 times to fully understand it.An important quote is what stands behind the dollar when the US prints the dollar. The whole world goes bust he predicts. The author is still writing.