Stephen Roach Quotes


10 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."
"China has been moving -- very slowly, but the speed is very much dependent on their ability to withstand reforms. The idea of forcing China and other countries to move on the currency front is a bad one."
Author: Roach Quotes Category: Ability Quotes
"I fully expect that the Chinese officials will address these tension points, but will not waver from their steadfast commitment on a medium- to longer-term basis of an open capital account and currency convertibility,"
Author: Roach Quotes Category: Commitment Quotes
"For the United States, it's the end of labor as we once knew it."
Author: Roach Quotes Category: Labor Quotes
"If that's the economic model, China is in trouble."
Author: Roach Quotes Category: Trouble Quotes
"I do not think that China is going to run the risk of accelerating its pace of opening up its capital markets because of adverse consequences in the global economy."
Author: Roach Quotes Category: Risk Quotes
"The risk is that he will be blind-sided, as his predecessors were, very early in his tenure by something he is not all that well prepared for and by something that the markets do not have confidence in him for."
Author: Roach Quotes Category: Risk Quotes
"The same distortions, in my view, could well be explaining a lot of the recent strength in the remainder of the U.S. data flow. If that's the case, all it will take is for the weather to return to normal and the seasonally adjusted data will fall like a stone."
Author: Roach Quotes Category: Strength Quotes
"With global trade screeching to such a standstill, so, too, should the external demand contributions of most major economies around the world,"
Author: Roach Quotes Category: Trade Quotes
"If the Schumer-Graham bill closes down U.S. trade with China through the imposition of steep tariffs, a saving-short U.S. economy will simply have to divert a significant portion of its multilateral trade deficit elsewhere."
Author: Roach Quotes Category: Trade Quotes



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