1. Around the World In 45 Minutes April 2011

2. Globalization

3. Manufacturers Experiencing Rising Exports

4. Export’s Contribution to GDP

6. IGER.csuci.edu

7. Why IGER? Bridge to Pacific Rim Prepare Our Students

8. Areas Today Asia China Japan Budget Deficits Inflation

9. Asia

10. Asia’s Contribution to Global GDP Growth

11. Soaring Industrial Production in Asia

12. Investments in Asia

13. Higher labor Costs in Asia ex Japan

14. Asia Consumption Accelerating

15. Asia Inflation Supply Shortages Demand Pull Not Much Slack

16. Asia Place to Produce Invest Sell Future

17. China’s Economy

18. Share of Global GDP

22. U.S. Treasury Securities 8% of all 25% of foreign owned

23. RMB Liberalized Trades Settled World Currency

24. China Big Consumer

25. China’s Love Affair with Cars

26. Buy a Car and Buy a Flat

27. China’s Shrinking Trade Surplus

28. House Prices for Asian Cities

30. Gov’t Policies Purchase Restrictions Property Taxes Higher Interest Rates

31. Five-year Plan Happy China

33. China Inflation Social/ Political

34. Conclusion Growth Cool Down Inflation Ease Control Property Prices Gradual Yuan Appr.

36. Japan Unemployment Rate

37. Japan Exports by Region

38. Japan: Consumer Price Index

48. Global Impact Supply Chain Financial Market Repatriate Yen Appreciation Interest Rates

49. Supply-chain Impact

50. Supply Chain 35% Boeing 787 20% Semiconductors 40% Electronic Comp 10% Laptop Batteries 25% NAND Flash chip

51. Ships Contaminated by Radiation

53. Sig Turning Point 1855 Tokukawa 1923 Nationalism 1945 Superpower 2011 ?

54. Small Global Impact

55. JapanVideo

56. Risk for Us Not in Asia

57. Locally Businesses: Asia Labor Force: Train

58. Who Benefits? Commodities Producers High End Consumer Goods Machineries

59. Big Ten in 2030 China U.S.A Japan Germany U.K. Brazil Mexico France Canada Korea

61. Republican Proposal

64. Interest Costs

65. What to Do?

66. Adult Conversation Serious Debate Political Climate Grand Bargain

67. Entitlement Spending

68. U.S. Defense Spending

69. Higher Taxes

80. Food Inflation Up 80% y/y Protests in N. Africa China 25% of U.S. Soy Ethanol 40% of Corn

81. Inflation Risks Inflation Expectations Wage Increases

82. Inflation Expectations

84. Why No Deflation Inflation Expectations Wage Rigidities Import Prices Monetary Policy

85. No Deflation Inflation Eventually Cost Push Excess Cap. Diminishes TaxesFees

86. Ventura County April 2011

93. IGER.csuci.edu

94. DrSohn.com (not Dr.Sohn.com)