Stephen Roach Quotes

The major risk to the global economy is complacency. We cannot keep thinking that we can shrug off the deficit and the property bubble.

- Stephen Roach

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Major | Risk | Global | Economy | Complacency |

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We've gone from one bubble, in stocks, to another, in housing. - Stephen Roach

It's important to stay focused on the interplay between the consumer and the overextended housing market and sharp increases in energy prices... That will be key as to whether or not the US economy will sustain itself in 2006. - Stephen Roach

I continue to find Germany, by far Europe's biggest economy and still the third-largest economy in the world, the most interesting story of all. Germany, despite its bad press, is very much on the move. - Stephen Roach