VIP Class Notes (Tibo) [S]

At midnight because at that time a lot of the shops will give some higher discounts.
I am not interested in buying goods on that day.
I just buy something which is necessary for my life.
Perhaps the sellers just increase the price of the goods and then they tell you I will give a discount.
The platforms ask them to give the real discount on that day.

no questions asked = you do whatever you want
there is a type of house you can live in it but you cannot sell it.
There are some conditions like you lose your job, have a low salary and are Shanghainese.

you must spend it all within one month but if you are working for earning money you are free to manage the money you can buy something or save it in the bank. there is not a strange situation that I must spend all the money
In the US they will spend more because they have no feelings about the savings.

there is a shortage, we pay taxes to the government and the government gives pensions to our parents. Perhaps 20 years later at that time I also want to get the pension but the government says we have no money.

I think it is good for Korean companies because the money the government gives you can only be used in local companies but for the total economy of Korea maybe not.

they have a different consumption habits.

I think Korea is more realistic. A superstar Jackie Chan once said that Chinese should be managed by the government. I think Koreans are like Chinese. If the government doesn’t manage it will be a mess.

At midnight because at that time a lot of the shops will give some higher discounts.
I am not interested in buying goods on that day.
I just bought something which is necessary for my life.
Perhaps the sellers just increase the price of the goods and then they tell you I will give you a discount.
The platforms ask them to give real discount on that day.

there is a type of house in which you can live but which you cannot sell.
There are some conditions to apply like you lose your job, have a low salary and are Shanghainese.

you must spend it all within one month but if you are working for earning money you are free to manage the money however you want you can buy something or save it in the bank.
There is no condition that I must spend all the money
In the US they will spend more because they have no feelings about savings. / because saving is not part of the culture.

There is a shortage, we pay taxes to the government and the government gives/pays pensions to our parents. Perhaps 20 years later at that time I also want to get the pension but the government says we have no money. / but the government runs out of money.

I think it is good for Korean companies because the money the government gives you can only be used in local companies but for the total economy of Korea maybe not. / maybe it won’t change much.

they have a different consumption habits.

I think Korea is more realistic. A superstar Jackie Chan once said that Chinese should be managed by the government. I think Koreans are like Chinese. If the government doesn’t manage it will be a mess.

Vocabulary

to speculate (v) 投机
he speculated and lost all his money when ant financial didn’t IPO.

speculation (n)
The government wants to limit speculation

compulsory (adj) : you must do / mandatory
Wearing a mask in the subway is compulsory

catch (n)  : restriction / condition
I will help but there is a catch, I want you to lend me your car

fungible (adj) : replaceable
Money is fungible but art is not