Steven Roach: "I'm Scared For My Children"

Steven Roach

Stephen Roach, the non-executive Chairman of Morgan Stanley Asia, is one of the many Wall Streeters with a very pessimistic view of the future.

Roach told CNBC yesterday: 

The sad state of U.S. economic policy [keeps me awake at night]. With issues ranging from low interest rates, trillion-dollar stimulus, unemployment and under-employment, the U.S. economy is mis-managed in a way I have never seen before.

I am worried at the state of things and worried for my children.

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