Quotations
Famous Quotations
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Stephen Roach Quotes
«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.»
Author: Stephen Roach
«To the extent that hiring in high-wage, developed economies continues to lag, the sustainability of any impetus to private consumption can be drawn into serious question.»
Author: Stephen Roach
«Without the consumer, revival remains all too dependent on tenuous support from China and [business investment].»
Author: Stephen Roach
«Borrowing from physics, the last thing an unstable system needs is a shock. And yet the risks of just such a disturbance have never seemed higher. Far-fetched as it seems, the possibility of a more perilous endgame is rising.»
Author: Stephen Roach
«The West always seems to expect a hard landing in China. Yet in three instances over the past decade, China has proved the doubters wrong.»
Author: Stephen Roach
«He's the victim. He was beaten, abandoned, betrayed and his medical needs ignored by David Williams.»
Author: Stephen Roach
«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.»
Author: Stephen Roach
«The case for a classic U.S. current account adjustment grows more compelling. This could lead to renewed weakening of the dollar and higher long- term real interest rates.»
Author: 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.»
Author: Stephen Roach
«Trade liberalization is a plus for global growth, no question about it.»
Author: Stephen Roach