Consumers Quote 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.”
About This Quote
Source Speech: Economic Outlook, 2022
Predicts that a slowdown in US consumption will cause noticeable impacts on global export patterns.
In simple terms: US consumer slowdown will affect world trade.
Monitor global trade shifts.
Themes
Mood
Type
When to use this quote
- business strategy
- investment analysis
- policy planning
Key Concepts
Questions to Reflect On
- How will other economies adapt?
- What sectors are most vulnerable?
Assumes US dominance remains.