Wednesday, February 1, 2012

Steve Roach Forecasts An Extended Period of Slow Growth

This interview of Steve Roach, who is highly respected Wall Street economist, and a Yale professor, covers a lot of current economic issues and provides some insights into the future. Roach is primarily concerned that the global economy is in for a period of slow growth. Europe is already falling into recession and the US will be limited by consumer deleveraging. He is an expert on the Japanese economy, and he compares it with the period of slow growth that is on the horizon. It wonders from subject to subject so it is not easy to summarize but it worth the short read.

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