amercian economy
DESCRIPTION
This presentation will discuss the problems with the American currency, the job crisis America is in right now and the catfish import of AmericaTRANSCRIPT
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AMERICAN ECONOMY
NIKITA NUYTTEN
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Introduction
American currency is losing power
The American job crisis
The catfish import
Conclusion
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American currency is losing power
World Bank president America needs protection “ responible Globalisation”
Since post-second war strong postion
BUT !! Chinese and European currency
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American currency is losing power
Not take for granted its position !
Future? Large deficits Recover without inflationOverhaul financial System
Chinese currency force in financial markets
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American currency is losing power G8 G20: Huge potential !
Investments: - Infrastructure- People- Private Businesses
Latin America, Asia and Broader Middle East
“New Normal” for world economy
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The American job crisis
Unemployment problem Threat for democracy and peace
Latest figures: 95,000 jobs dropped in September
BUT ! Losing job Healthy Education of children Social stability
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The American job crisis
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The American job crisis
Problem according JC Juncker: Lack of effective forum
G20 Attempt to a collective solution
Problem: -Too many people -Too many intrests
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The American job crisis
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The catfish import
Catfish from China and Vietnam flooding US TV commercial
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The catfish import
13,000 direct employees and 4 billion dollars in revenues
Two groups: - Catfish Farmers of America
- Catfish Institute
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The catfish import
Country of Origin Labels + inspection of all imports
Commercial on CNN and Fox Television Network
BUT ! Warning Industry Journal Seafood Source
Seafood Industry Trade Body Commercials filled with half-thruths and hypocrisy
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Conclusion
America Always had a leading position in World’s economy
China and Europe: growing strength
America: Losing on each Level
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Nikita Nuytten
Thank you !