F2F Class Notes _15th Jun (Harmony)
Homework: watch the movie “the big short”
Reading:
http://www.huffingtonpost.ca/2015/11/03/canada-housing-market_n_8461888.html
kilter (kill – ter): good condition/order.
off kilter/out of kilter: unbalanced/ not in good condition/ disorder.
Eg. The air conditioner is out of kilter.
Cheapness of borrowing = the low interest rates
Odds: probability that sth will occur/ is more likely to occur than sth else.
Eg. Betting/gambling/ investing/weather
Eg. The odds are that it will rain today.
Eg. Odds are that blah blah team will lose in tomorrows game.
“in record high”:the highest it’s ever been.
Eg. The temperature is reaching a record high this weekend.
Record low: the lowest it’s ever been.
Eg. My weight is reaching a record low.
http://www.dummies.com/how-to/content/how-to-sell-stock-short.html
allegations: accusations/ to accuse someone without proof. To start a rumour.
Eg. There are allegations that Bill Clinton cheated on his wife.
“cut ties”: to end the relationship.
Falsified: to make false/ to lie
Eg. There were rumours/accusations that they lied about borrowers income.
Peddled/peddle/ peddling: to sell small goods from location to location. (kind of pushy)
Eg.
Peddler: a nicer way to say homeless person. (the people selling flowers in the metro station.)
Borne: to bring forth/ to produce.
Tone: a sound.
Tone of voice: the way you say something (angry/happy/ excited)
Racist tones: it sounds kind of racist.
All the same = whether it’s Chinese people or not, the problem exists.
Demolish/Demolished/demolishing: torn down/knocked down.
Eg. If you want to build on that piece of land, you will have to demolish the pre-existing structure.
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