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Stephen Roach Quotes
«This is the year to watch out carefully for the end of the great American spending binge.»
Author: Stephen Roach
«The property bubble is nearing its end. This is the end of the great American spending binge.»
Author: Stephen Roach
«It won't be a huge dramatic bursting, but it will be felt this year.»
Author: Stephen Roach
«We've gone from one bubble, in stocks, to another, in housing.»
Author: Stephen Roach
«Conventional wisdom has it that globalization is a win-win but that is increasingly looking like a pipe dream. There is no escaping the concerns that workers in high-wage countries have.»
Author: Stephen Roach
«If that's the economic model, China is in trouble.»
Author: Stephen Roach
«There is a dangerous degree of complacency, and out of that comes a surprise that does the most damage to the global economy.»
Author: Stephen Roach
«For the United States, it's the end of labor as we once knew it.»
Author: Stephen Roach
«If the Schumer-Graham bill closes down U.S. trade with China through the imposition of steep tariffs, a saving-short U.S. economy will simply have to divert a significant portion of its multilateral trade deficit elsewhere.»
Author: Stephen Roach
«Europe looks at China as more of a strategic partner than a competitive threat so it has stayed more out of the currency debate than the U.S..»
Author: Stephen Roach