Online Class Notes (Tibo)

only if you work in the government you have to be this strictly stay in Beijing -> You are only restricted if you work in the government / If you work in the government you are not allowed to leave Beijing

if I got a job that needs to talk with foreign clients I think I should preparing for that thing. -> if I get a job that needs/requires me to talk with foreign clients I think I should prepare for it.

she changed another environment -> she changed to another environment

I want she to study just like me ->I want her to study

there has a chance -> there is a chance

it is because of the money -> the money printing / the bail out

GME does not worth that value -> is not worth that value  / is overvalued

there is a money limitation for you to short an index. / you need to meet certain threshold to short an index

they don’t know even any financial knowledge/ financial literacy , they see the market as a gambling place. / casino

Vocabulary

literacy (n) competence or knowledge in a specific area
People with low financial literacy take too much risk without realizing it.

casino (n) place where people gamble
There are many casinos in Macao

visa 签证
I have to renew my visa every year.

to bail out : provide money to a company so that it doesn’t go bankrupt
Many airlines were facing bankruptcy but the government bailed them out

bail (n) money paid so that you are allowed to leave prison while waiting for tial
He paid his bail

double edged sword (n) something that can hurt others as much as yourself / very dangerous
Shorting is a double edged sword.

get rich quick scheme (n) a plan with which people think they can get rich very quickly
Some new investors see the stock market as a get rich quick scheme

Pronunciation

sword (you do not hear the w)