Stephen Roach Says Take Out the Baseball Bat on Paul Krugman
March 19, 2010 at 01:07 AM EDT
Stephen Roach, Chairman of Morgan Stanley (MS) Asia, said a baseball bat should be taken to economist Paul Krugman for suggesting that if China doesn’t move with sweet words to allow a stronger yuan then a 25% surcharge should be applied on Chinese goods. Bloomberg: “We should take out the baseball bat on Paul Krugman ; [...]