英语财经报刊阅读课件吴立高 ISBN9787811348644 PPT财经报刊选读 U2.pptVIP

英语财经报刊选读 Unit 2  American Sub-prime Mortgage Crisis Overview Comprehension questions for Text A What’s new in Text A Looking from China’s perspective Unit 2  American Sub-prime Mortgage Crisis Comprehension Questions 1. What does the title mean? 2. Who is Paul Krugman? 3. What does the author want to tell us? 4. What kind of methods does the author use to present his message effectively? 5. Do you agree with the author about what he says? Debt and Denial Debt here refers to the fact that American government now owes a lot of money to foreign countries. Denial refers to the attitude of the federal government. They don’t realize how dangerous it is to owe money, therefore they don’t worry and deny the seriousness of the problem. Paul Krugman Paul Krugman has at least three jobs: he is professor of economics and international affairs at Princeton University, Centenary Professor at the London School of Economics, and, perhaps, his best-known job, as an op-ed columnist for The New York Times. Mr. Krugman received the Nobel Memorial Prize in Economic Sciences for 2008. What does the author want to say? The author wants to say that America is in debt and the money goes into the consumer end as spending money. This economic model is not sustainable and will cause a great problem to American economy. Writing methods to convey the message Comparison and contrast: . Irony: . … Give examples to show the methods and talk about the effectiveness of the methods. Do you believe the author? What he says is so convincing, right? Most people would agree with him. Have you found anything which you don’t agree to? What’s new in Text A This text was written in 2006 and was extremely new for telling American people that a big economic crisis was about to come. The text also analyzed what the reason was behind the crisis. It gave some remedies to policy makers to show that the author is responsible. So what should be i