Vocabulary ECONOMICS and FINANCE (upper intermediate and advanced, Lesson 21)

source: MrSkypelessons      2015年10月5日
Answer the questions:

Would you like to see house prices skyrocket or plummet?
Should we bail out the banks during a crisis?
Do you think interest rates will be raised or lowered?
Do you think your country should donate more in international aid, or less?
What can we do to alleviate poverty in developing countries? Should we cancel (write off) their debts?
When do you think the sanctions against Russia will be lifted?
What fiscal measures would you like to see brought in?
What do you think will happen in the future? Will the country go into recession, or enter a boom period?
Do you think the single currency is good for Europe?
Does your country have rampant inflation at the moment? What measures can be taken to curb it?
Where should the government levy new taxes?

Here is the vocabulary

House prices drop, fall, plummet, collapse, slump
Interest rates rise, increase, skyrocket
The value of the currency

Cancel (wipe out) a (crippling) debt
Pay off (settle) (mounting) debts
Incur (run up) (substantial) debts
alleviate (ease) debts

raise or lower the interest rate
lift or impose sanctions and embargoes
go into or come out of a (severe) recession
Bring in fiscal measures...
..to boost economic growth
..to curb (rampant) inflation
..to prevent deflation
..impose (levy) taxes
..allocate funds or resources

undeclared earnings
tax evasion
abject poverty

impose austerity measures

turn over
bail out
cough up
fork out on
splash out on
set s.o back

5 Popular English Proverbs

source: English Lessons with Alex           2015年10月9日
my other proverb video at https://www.youtube.com/watch?v=fHliu...
1. Actions speak louder than words. (Actually doing something means much more than just talking about it.)
2. Laughter is the best medicine. (Laughing makes it easier to deal with difficult situations.)
3. Two wrongs don't make a right. (Revenge will not fix the problem; morally bad actions do not justify their results.)
4. Better late than never. (It's better to do something late than to never do it at all.)
5. When in Rome, do as the Romans do. (When you're in a  new situation or place, try to follow the expected customs.)