Subtitles & vocabulary
How The Economic Machine Works by Ray Dalio
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Jamie Linning posted on 2013/12/01Ever wondered how the whole economy actually works? This video breaks down the fascinating 'Economic Machine' with clear explanations of debt cycles and how they impact us all. You'll pick up some seriously useful vocabulary for understanding finance and daily life!
Video vocabulary
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US /ˈkrɛdɪt/
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UK /'kredɪt/
- Noun (Countable/Uncountable)
- System to buy something and pay for it later
- Points earned instead of money
- Transitive Verb
- To add a certain amount of money to a total
- To recognize someone's achievements or help
A2
More money
US /ˈmʌni/
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UK /'mʌnɪ/
- Noun (Countable/Uncountable)
- Coins or notes we use to pay for things
A1TOEIC
More bank
US /bæŋk/
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UK /bæŋk/
- Noun (Countable/Uncountable)
- A financial institution that keeps or lends money
- The side of a river
- Transitive Verb
- To put or keep your money in a bank
A1TOEIC
More people
US /ˈpipəl/
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UK /'pi:pl/
- Noun (Countable/Uncountable)
- Persons sharing culture, country, background, etc.
- Men, Women, Children
- Transitive Verb
- To populate; to fill with people.
A1
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