On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference,

Bloomberg Green will convene the foremost leaders in business, finance, policy, academia,

and NGOs for candid conversations focused on creating solutions to support

the goals set forth at COP28. Join our community of global influencers and

problem solvers in Dubai to build connections, inspire innovation, and challenge the status quo in the

battle against climate change. Register at Bloomberg Live. I'm Tom Keene.

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Bloomberg. Drop him by the studio alongside Tom and I am really pleased to say is the former

chairman of Morgan Stanley Asia formerly the chief economist for the bulk of his

30-year career at the firm.

It's Stephen Roach, the Yale University Professor. Good morning to you Stephen.

Good morning, Jonathan. Good to see you.

Good to see you, sir. So you authored unbalanced the co-dependency of America and

China if you had to rewrite that now professor how different would it be if at

all well Jonathan I mean you know you can always look back on a book and say what you might have done a little bit different, but what I like about the book is the framework. It's now about four years old, but it was a framework that looked

at the intersection between an economy that consumes too much and saves too little America and an economy that

consumes too little and saves too much the United States and two nations that

have really because of those complementary imbalances, became very intertwined.

And so I ended the book by saying, you know know this is a collision course if they don't

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