美国经济危机ppt

Current economic state Cause of financial state Influence in US and China Solution
The Economic Status of America
Unemployment Rate
· The unemployment rate fell to 8.6%, the lowest rate since
The Great Depression
• The depression originated in the U.S., starting with the fall in stock prices that began around September 4, 1929 and became worldwide news with the stock market crash of October 29, 1929 (known as black crash). From there, it quickly spread to almost every country in the world.
Early changes by the Roosevelt administration included:
Early changes by the Roosevelt administration include: • Instituting regulations to fight deflationary "cutthroat competition" through the NRA(NonResident Account). • Setting minimum prices and wages, labor standards, and competitive conditions in all industries through the NRA. • Encouraging unions that would raise wages, to increase the purchasing power of the working class.
(2)The consumption concept of the Americans. 美国民众的消费观念.
• The Americans tend to spend more than they have.(花今天的钱，圆明 天的梦) • In the United States, the loan is a very common phenomenon, from house to the car, from credit card to the phone bill, credit everywhere
(3)The abusiveness(滥用) of financial derivation in Wall Street. • Not only elongated(拉长) the financial transaction chain link, but also encouraged congenially(助长了投机).
(4) The dereliction of duty of Credit rating och 2009 and a huge drop from 9% just a month before. · Men were mostly the ones landing jobs, as the unemployment rate for those over age 20 fell to 8.3% from 8.8% in October.
The Federal Reserve(美联储)had cut the interest rate for 13 times in a row(连续). The interest rate was cut from 6.5% to 1%,which reached the lowest level in history. And this stimulated the investment spree by loans(贷款投资热潮)in Home Buying.
The causes of the financial crisis
• (1)The long-term low interest rate policy leads to bubble economy and false prosperity.
美国次贷危机（subprime crisis）又称次级房贷危 机，也译为次债危机。它是指一场发生在美国，因 次级抵押贷款机构破产、投资基金被迫关闭、股市 剧烈震荡引起的金融风暴----华尔街风暴。它致使全 球主要金融市场出现流动性不足危机。美国“次贷 危机”是从2006年春季开始逐步显现的。2007年8 月开始席卷美国、欧盟和日本等世界主要金融市场。 次贷危机目前已经成为国际上的一个热点问题。
1.The Great Depression 2.Current crisis
The Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding WWⅡ. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s. It was the longest, most widespread, and deepest depression of the 20th century.