Stephen Roach Quotes

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.

- Stephen Roach

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Conventional | Wisdom | Globalization | Increasingly | Pipe |

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The same distortions, in my view, could well be explaining a lot of the recent strength in the remainder of the U.S. data flow. If that's the case, all it will take is for the weather to return to normal and the seasonally adjusted data will fall like a stone. - Stephen Roach

I fully expect that the Chinese officials will address these tension points, but will not waver from their steadfast commitment on a medium- to longer-term basis of an open capital account and currency convertibility. - Stephen Roach

[This] is just another nail in the coffin for the world economy. - Stephen Roach