Sleepwalking Toward Accidental Conflict by Stephen S. Roach
The argument minimizing the risk of a war between major powers – that today’s globalized, interconnected world has too much at stake to risk a...
Wrong on the Dollar – for Now by Stephen S. Roach
After a 9% decline in the second half of 2020, the broad dollar index – the real effective exchange rate as calculated by the Bank...
Jerome Powell’s Volcker Deficit by Stephen S. Roach
If the US Federal Reserve wishes to avoid a return to stagflation, it must recognize the huge gulf between the level of real interest rates...
Only China Can Stop Russia by Stephen S. Roach
As the Communist Party and its advisory body gather in Beijing this month, there has been little or no mention of the Ukraine war –...