Like Japan, the United States now finds itself in a zero-interest rate liquidity trap with no easy exit. And so it is for Europe

BY Stephen S. Roach 7 March 2016

Time and again, the lessons of a troubled world economy are the same: An unbalanced world is an unsustainable world. For sustainability’s sake, the US must save more, India and China must spend more

BY Stephen S. Roach 18 July 2012