Download - Amercian economy
AMERICAN ECONOMY
NIKITA NUYTTEN
Introduction
American currency is losing power
The American job crisis
The catfish import
Conclusion
American currency is losing power
World Bank president America needs protection “ responible Globalisation”
Since post-second war strong postion
BUT !! Chinese and European currency
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
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
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
The American job crisis
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
The American job crisis
The catfish import
Catfish from China and Vietnam flooding US TV commercial
The catfish import
13,000 direct employees and 4 billion dollars in revenues
Two groups: - Catfish Farmers of America
- Catfish Institute
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
Conclusion
America Always had a leading position in World’s economy
China and Europe: growing strength
America: Losing on each Level
Nikita Nuytten
Thank you !