F2F Class Notes (Tibo)

Speaking exercise

there is so many money in the US -> there is so much money
The interest rate will keep increasing

It will cost them a big money -> it will be very costly

financing is another big problem / burden

you don’t influenced by that -> you don’t get influenced by that.

The economy system will meet a big trouble because of the influence of the USD.

It has a positive impact on our business
A lot of investment bank laid off a large amount of employees / there was a wave of lay off.

we have the development economy. -> we have a developing economy.

Vocabulary

tourism industry (n) industry based on travel
The tourism industry is hot this year

tourist (n) someone who travels
We see a lot of tourist in Sanya

consumption (n) 消费
zero covid impacted consumption

optimistic (adj) thinking the future is gonna be bright
People are optimistic on AI

pessimistic (adj) thinking the future is going to be worse
We are pessimistic about the inflation

inflation (n) when price of everything goes higher
Inflation was 6% this month

domino effect (n) when one falls and other follow
The government is worried about the domino effect, if a bank fails many could follow

SVB: Silicon Valley Bank

bank run (n) when everyone runs to bank to withdraw money
There was a bank run on SVB

bankrupt (adj) out of money / closing
Ofo went bankrupt

Pronunciation

commodity

community

tier