![](https://www.worldfinance.com/wp-content/uploads/2020/04/Stephen_Roach_Headshot_C_O_BW-460x450.jpg)
Author: Stephen Roach, Senior Fellow, Jackson Institute for Global Affairs, Yale University
April 23, 2020
![A global economy without a cushion](https://www.worldfinance.com/wp-content/uploads/2020/04/Global_recession.jpg)
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