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.
More Quotes from Stephen Roach:
I think there's every reason to believe that another jobless recovery could be in the offing in the years immediately ahead -- one that would take a comparable toll on consumer demand.Stephen Roach
Growth has been chronically weak when compared with any expansion of the past 40 years.
Stephen Roach
Inflation is starting to broaden out it's starting to move up a little bit, ... The Fed certainly has to be concerned about that.
Stephen Roach
For the last three years, we've had a two-engine world the Chinese producer and the American consumer. Both engines are going to slow down. The debate will be whether this two-engine global 747 is in danger of stalling.
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.
Stephen Roach
Without the consumer, revival remains all too dependent on tenuous support from China and business investment.
Stephen Roach
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Based on Topics: World QuotesBased on Keywords: third-largest
Everyone lives by selling something, whatever be his right to it.
Robert Louis Stevenson
Contrast is what makes photography interesting.
Conrad Hall
If you hold a cat by the tail you learn things you cannot learn any other way.
Mark Twain