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Letter "S" » Stephen Roach Quotes
«This is the year to watch out carefully for the end of the great American spending binge.»
«The property bubble is nearing its end. This is the end of the great American spending binge.»
«It won't be a huge dramatic bursting, but it will be felt this year.»
«We've gone from one bubble, in stocks, to another, in housing.»
«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.»
«If that's the economic model, China is in trouble.»
«There is a dangerous degree of complacency, and out of that comes a surprise that does the most damage to the global economy.»
«For the United States, it's the end of labor as we once knew it.»
«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.»
«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..»