{"id":1829,"date":"2025-04-23T17:03:11","date_gmt":"2025-04-23T09:03:11","guid":{"rendered":"https:\/\/www.rainyjames.com\/?p=1829"},"modified":"2025-04-23T17:25:06","modified_gmt":"2025-04-23T09:25:06","slug":"english-pod-29","status":"publish","type":"post","link":"https:\/\/www.rainyjames.com\/?p=1829","title":{"rendered":"English Pod 29 &#8211; Investing\u00a0 in\u00a0 Emerging\u00a0 Markets"},"content":{"rendered":"\n<p><strong>Dialogue<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/api.frdic.com\/api\/v3\/media\/mp3\/41f89edc-36ac-11e6-bd07-000c29ffef9b?type=mp3&amp;cdn=auto\"><\/audio><\/figure>\n\n\n\n<p>A: Dad, I\u2019d like to borrow some money.<br>B: Sure, Johnny, how much do you need? five bucks?<br><br>A: Come on, Dad, I need thirty thousand. I wanna get into the market. You know, I\u2019m tired of hearing all this news about the economic downturn, the <strong>inevitable<\/strong> recession, people stuffing their money in their mattresses. I look at this as an opportunity. This is a chance for me to get a jump start on building my<strong> nest egg<\/strong>.<br><br>B: I don\u2019t know about that; with all the uncertainty in the markets right now, it would be a very unwise decision to invest. I don\u2019t know if you\u2019re aware son, but there has been a lot of <strong>turmoil <\/strong>in the markets recently. There have already been half a million layoffs in the last few months, and we have no idea how the proposed <strong>stimulus package<\/strong> will impact the economy. There\u2019s just too much instability. I wouldn\u2019t feel comfortable investing in this climate.<br><br>A: But look at it this way, every challenge is an opportunity. And anyway, I\u2019m not talking about investing in the domestic market. There are <strong>emerging market<\/strong>s that promise great returns. Look at China, for example; they have 1.4 billion people, half a billion of whom have recently entered the middle class. Here alone, the aggregate demand for consumer goods represents an amazing wealth generating opportunity.<br><br>B: Come on, son, you\u2019re looking at this too naively. the Chinese market has exhibited a great deal of instability, and their currency has been <strong>devalue<\/strong>d by almost a whole percentage point. A: Fine, then! If that\u2019s the way you feel, so be it. But you\u2019re losing out on a great opportunity here. I\u2019m going to go <strong>hit up<\/strong> Mum for the cash.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Explain<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/api.frdic.com\/api\/v3\/media\/mp3\/5af4bcde-1e6f-11e7-be40-000c29ffef9b?type=mp3&amp;cdn=auto\"><\/audio><\/figure>\n\n\n\n<p><strong>Key Vocabulary<\/strong><\/p>\n\n\n\n<p><strong>inevitable <\/strong>\u2014 \/\u026an\u02c8ev\u026at\u0259bl\/ Adjective unavoidable<br><strong>nest egg <\/strong>\u2014 Noun (singular) money that is saved to pay for something in the future, usually a house, or retirement<br><strong>turmoil <\/strong>\u2014 \/\u02c8t\u025c\u02d0rm\u0254\u026al\/ Noun (noncount) a state of confusion, disorder, disturbance<br><strong>stimulus package<\/strong> \u2014 \/\u02c8st\u026amj\u0259l\u0259s \u02c8p\u00e6k\u026ad\u0292\/ Phrase amount of money the government uses to improve the economy<br>Noun (noncount) state of not being stable, being likely to change<br><strong>emerging market <\/strong>\u2014 Noun (plural) nations undergoing quick industrialization<br>Adjective combined<br><strong>devalue <\/strong>\u2014 \/\u02ccdi\u02d0\u02c8v\u00e6lju\u02d0\/ Verb reduced in value<br><strong>hit up <\/strong>\u2014Verb ask for money<\/p>\n\n\n\n<p><strong>Example<\/strong><\/p>\n\n\n\n<p>turmoil<\/p>\n\n\n\n<p>Voice: Example one.<br>A: With the civil war, a famine and inflation the country has been in turmoil for ten years.<\/p>\n\n\n\n<p>Voice: Example two.<br>B: There\u2018s been a lot of turmoil in my life recently: I\u2019ve moved to new city, I\u2018ve change my<br>job, I broke up with my girlfriend.<\/p>\n\n\n\n<p>Voice: Example three.<br>C: The devaluation of the dollar caused the great deal of turmoil in the markets.<\/p>\n\n\n\n<p>\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014<\/p>\n\n\n\n<p>inevitable=unavoidable.<\/p>\n\n\n\n<p>Voice: Example one.<br>A: Jason knew he was going to get laid off, but he was trying to delay the inevitable.<\/p>\n\n\n\n<p>Voice: Example two.<br>B: As a new manager, it\u2018s inevitable that you\u2019re going to make mistakes.<\/p>\n\n\n\n<p>Voice: Example three.<br>C: Inevitably, we\u2019ll all die at the end of our lives.<\/p>\n\n\n\n<p>\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014<\/p>\n\n\n\n<p>hit up.<\/p>\n\n\n\n<p>Voice: Example one.<br>A: I\u2018m gonna hit up the boss for a raise.<br>Voice: Example two.<br>B: Are you trying to hit me up for money?<br>Voice: Example three.<br>C: Oh, I don\u2019t have any cash. Have you tried hitting up Sophie? She\u2018s rich.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dialogue A: Dad, I\u2019d like to borrow some money.B: Sure, Johnny, how much do you need? five bucks? A: Come on, Dad, I need thirty thousand. I wanna get into the market. You know, I\u2019m tired of hearing all this news about the economic downturn, the inevitable recession, people stuffing their money in their mattresses. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[31,33,29],"class_list":["post-1829","post","type-post","status-publish","format-standard","hentry","category-english","tag-english","tag-english-pod","tag-29"],"_links":{"self":[{"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=\/wp\/v2\/posts\/1829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1829"}],"version-history":[{"count":9,"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=\/wp\/v2\/posts\/1829\/revisions"}],"predecessor-version":[{"id":1842,"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=\/wp\/v2\/posts\/1829\/revisions\/1842"}],"wp:attachment":[{"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rainyjames.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}