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March 22, 2006

China
Stephen Roach is well worth reading today

Roach has access to a slightly higher level of policy makers than either the author - or I suspect most of the readers - of this blog.   Particularly in China.   He didn't learn of Wen's crit…

November 8, 2005

China
Stephen Roach gets it, the IMF does not …

Subtitle: some parts of the IMF might want to reread Keynes. China, as we have discussed, saves too much and consumes too little.  It consequently finances both its own (exceptionally rapid) industri…

January 31, 2007

United States
Roach on globalization and China

Stephen Roach made three arguments last Friday. I disagree with two of them, but agree with the third.  And the third is by far the most important.   But before getting to the point of agreement, the…

August 4, 2006

China
Stephen Jen is right

That is not something I say all the time. I suspect I am among Stephen Jen's prototypes for what he calls structural dollar bear.    And Stephen " “current account deficits inside the dollar …

June 3, 2005

Economics
If Roach says 3.5% and Gross says 3%, someone else has to say 2.5%

Roach and Gross could not stay among the most bullish on bonds for very long. From Marc Gilbert’s column today.Gabe Borenstein, managing director of global investments at Investec Holdings Ltd. in N…

July 21, 2015

China
China’s Market Plunge: Correction or Crisis?

The odds of an economic hard landing for China remain low, but continuing stock volatility could set back critical market reforms, says expert Stephen Roach.

September 18, 2019

United States
The United States Air Force Celebrates Its 72nd Birthday Today

The United States Air Force (USAF) turns 72 years-old today. On September 18, 1947, Chief Justice Fred Vinson swore in Stuart Symington as the first secretary of the air force, officially founding a …

U.S. Air Force

October 21, 2009

United States
Avoiding a U.S.-China Trade Showdown

Morgan Stanley executive Stephen Roach says China’s undervalued currency is a "red herring" in the debate over global imbalances and that policymakers should instead focus on China’s social safety ne…

August 26, 2019

International Organizations
The Role of the UN Secretary-General

The United Nations’ top leadership position has broad authority to steer the organization’s agenda, but its impact has varied widely since 1946.

UN Secretary-General Antonio Guterres adjusts his tie.

August 13, 2019

United States
Election 2020: Beto O’Rourke, Democratic Presidential Candidate

When Richard Nixon lost California’s governor’s race in 1962, political pundits declared his dream of becoming president dead. After all, winning presidential candidates usually come off of electoral…

Beto O’Rourke