3. American currency is losing
power
World Bank president
America needs protection
“ responible Globalisation”
Since post-second war strong postion
BUT !! Chinese and European currency
4. American currency is losing
power
Not take for granted its position !
Future? Large deficits
Recover without inflation
Overhaul financial System
Chinese currency force in financial markets
5. 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
6. 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
8. 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
10. The catfish import
Catfish from China and Vietnam flooding
US
TV commercial
11. The catfish import
13,000 direct employees and 4 billion dollars
in revenues
Two groups: - Catfish Farmers of America
- Catfish Institute
12. 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
13. Conclusion
America
Always had a leading position in World’s
economy
China and Europe: growing strength
America: Losing on each Level