Stephen Roach Quotes

This is the year to watch out carefully for the end of the great American spending binge.

- Stephen Roach

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Year | Watch | Carefully | Great | American |

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Today's German angst has much in common with the experience of the American worker in the early 1980s and again the early 1990s. For both cases in the U.S., there was no gain without pain. Germany is certainly going through the pain phase, but the gains cannot be minimized. - Stephen Roach

The United States has long drawn comfort from the quality differential of its educational system. However, in the Internet Age with its ubiquitous diffusion of knowledge, innovation, and technological change, that may turn out to be an increasingly false sense of security. - Stephen Roach

With global trade screeching to such a standstill, so, too, should the external demand contributions of most major economies around the world. - Stephen Roach