Stephen Roach Quotes
You've got war, SARS, uncertainty, and imbalances that will prevail after the war is over and until a cure for the disease is found. - Stephen Roach
Without the consumer, revival remains all too dependent on tenuous support from China and [business investment].
- 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
Why should the victim who has never received a dime sit back while the civil rights violator gets his job and back pay?
- Stephen Roach
When he leaves ... he will take away 18 years of confidence the markets have invested in him.
- Stephen Roach
We've gone from one bubble, in stocks, to another, in housing.
- Stephen Roach
We are shifting to an outright recession scenario in the United States, and, in response, we are slashing our forecast of the global economy for 2001.
- Stephen Roach
Unlike the case a decade ago, I view the coming normalization of Fed policy as a much more serous threat to economic recovery in the U.S. and the broader global economy.
- Stephen Roach
Unfortunately, the SARS effect is concentrated on Asia -- long the fastest-growing region in the world and the one area that essentially had been keeping the global economy afloat. To the extent that this source of global resilience is now being undermined by disease-related panic, an already bruised and battered global economy has little left to lean on.
- Stephen Roach
Trade liberalization is a plus for global growth, no question about it.
- Stephen Roach
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