Stephen Roach Quotes
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It's time to make it official. The downside risks we have been warning of over the past several months are now coming to pass.
- Stephen Roach
[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