56 Quotes by 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,

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.

The property bubble is nearing its end. This is the end of the great American spending binge.

Trade liberalization is a plus for global growth, no question about it.

The recession is not over. We will probably have a 'double dip,' another downturn, by spring.

There is a dangerous degree of complacency, and out of that comes a surprise that does the most damage to the global economy.

Why should the victim who has never received a dime sit back while the civil rights violator gets his job and back pay?

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,

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.