Stephen S. Roach Professions : Economist Born : September 16, 1945 Browse All Authors Top 4 quotes by Stephen S. Roach If, as I suspect, the American consumer now enters a sustained slowdown, there will be unmistakable reverberations on U.S.-centric export flows in many major regions of the world. Stephen S. Roach consumers flow world The lack of monetary discipline has become a hallmark of unfettered globalization. Central banks have failed to provide a stable underpinning to world financial markets and to an increasingly asset-dependent global economy. Stephen S. Roach financial discipline world The pendulum of economic power might well begin to shift from capital back to labor. Stephen S. Roach pendulums economic might 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. Stephen S. Roach lag wages serious Similar Authors Bryan Caplan economist Burton Malkiel economist Bruno Frey economist Brian Wesbury economist Branko Milanovic economist Andrew Samwick economist All Authors
