Online Class Notes (Tibo) [S]

Speaking exercise

I read a lot of articles about what’s happening in the US and think some of them would try to analysis the reasons behind the phenomenon are reasonable.
I think US really got problems of its society structure.
too few people most of the wealth and the society are divided very much.
China also got the problem, wealth distribution is very unequal.
the government tries to solve the problem so it is taking measure to make the poor people be rich by the help of the rich ones.

Many Chinese entrepreneurs are investing some areas like in the Western areas.
I think the problem is not as severe as in the US.

Trump is a little kind of crazy recently instead of trying to solve the problem he make the situation worse by twitting

I guess the situation will get worse in the future. It can’t be solved very easily.
At least a lot of Americans should share common values or a consensus

it is related about religion , skin color and the age.
I heard that old white people are more traditional they don’t want to united with black people

The US need a popular visionary president.

There is too much money in the market , the fed tries to release more money to save the economy but there are not enough opportunities for the companies to make profit so most of the money is going to the stock market.
That is why the index reached a record high but I am afraid it won’t last very long.
Without growing fundamentals I am afraid most of the stocks are facing severe problems. Most of them will hardly grow or collapse.
So maybe the stock market will collapse
I would like to invest in the stock market even if the economy is bad. I prefer some safety stocks, the business of the stocks would be impacted badly by the pandemic like some consumer stocks / tech giants they are opportunities to survive and grow in the future.
That stock will bring me a fair return rate.
I don’t want to hold cash because it will devaluate in the future.
and the housing market has too many policy limitations.

allocate your money to different assets. gold is safer than the stocks. Different markets and different kinds of assets.
I won’t invest very much in crypto currency
It is wise to have some.
I am not sure bitcoin will be the future.

——-

I read a lot of articles about what’s happening in the US and think some of them would try to analyze the reasons behind the phenomenon are reasonable.
I think the US really got problems in its society structure. / the way the society is structured will not hold in the future.

too few people own most of the wealth and the society is divided very much. / the society is too divided / too unequal
wealth inequalities are too strong.

China also got the problem, wealth distribution is very unequal.
the government tries to solve the problem so it is taking measure to make lift poor people out of poverty / tries to make poor people become middle class.

Many Chinese entrepreneurs are investing in some areas like in the Western areas.
I think the problem is not as severe as in the US.

Trump is a little kind of crazy recently instead of trying to solve the problem he made the situation worse by twitting
I guess the situation will get worse in the future. / will worsen / It can’t be solved very easily.
At least a lot of Americans should share common values or a consensus

it is related about religion , skin color and the age.
I heard that old white people are more traditional they don’t want to be united with black people
The US need a popular visionary president.

There is too much money in the market , the FED tries to release more money to save the economy but there are not enough opportunities for the companies to make profit so most of the money is going to the stock market. / the FED is bailing out most companies.

That is why the index reached a record high but I am afraid it won’t last very long.
Without growing fundamentals I am afraid most of the stocks are facing severe problems. Most of them will hardly grow or collapse.
So maybe the stock market will collapse

I would like to invest in the stock market even if the economy is bad. I prefer some / you need to choose stocks very carefully

the business of the listed companies would be impacted badly by the pandemic like some consumer stocks / tech giants they have opportunities to survive and grow in the future.
That stock will bring me a fair return rate.
I don’t want to hold cash because it will devaluate in the future.
and the housing market has too many policy limitations.
allocate your money to different assets. gold is safer than the stocks. Different markets and different kinds of assets.
I won’t invest very much in crypto currency
It is wise to have some.
I am not sure bitcoin will be the future.

Vocabulary

cryptocurrency (n): digital assets like Bitcoin
Bitcoin is the most famous cryptocurrency

to encrypt  (v) : to make something unreadable without a password
some secret documents are encrypted.

encryption (n) : method used to encrypt something
The bank uses a strong encryption

European Central Bank (ECB) : like the FED for the eurozone
The ECB is also having a round of QE.

consensus (n) : general agreement
It is hard to reach a consensus

wealth inequalities : differences in wealth
Wealth inequalities are strong in America

wealth distribution: how wealth is distributed among the population
wealth distribution favors white people and it is unfair.

add oil to the fire : make a problem bigger
Trump didn’t do anything to calm things down instead he is adding oil to the fire.