Stephen Roach discusses the massive structural changes we’ve been seeing the global economy. He covers everything from China to the massively flawed Fed policy. He calls the boom/bust Fed policy a “failed approach”. Great interview here:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.