Stephen Roach Quotes

Global trade is an increasingly large component of the world economy -- now accounting for close to 25 percent of global GDP. So when world trade hits the wall, so should the broader measures of global output.

- Stephen Roach

Tags

Global | Trade | Increasingly | Large | Component |

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[For all of China's efforts to create a vibrant domestic market, its economy is highly dependent on exports. China's economic model these days] is very much a levered play on the staying power of the overly extended American consumer... That's a tough place to be for any economy in an energy shock - even China. - 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