China's senior leadership gets it while many outside the country do not.
More Quotes from Stephen Roach:
With global trade screeching to such a standstill, so, too, should the external demand contributions of most major economies around the world,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
This is just another nail in the coffin for the world economy.
Stephen Roach
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.
Stephen Roach
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.
Stephen Roach
By staying disciplined with regard to inflationary policy, the Fed nips any inflationary expectations in the bud.
Stephen Roach
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Based on Topics: Countries QuotesOur experience is composed rather of illusions that of wisdom acquired.
Joseph Roux
Since music has never had a Rembrandt, we have remained nothing more than musicians.
Morton Feldman
An understanding of the natural world and what's in it is a source of not only a great curiosity but great fulfillment.
David Attenborough