full transcript
From the Ted Talk by John Gerzema: The post-crisis consumer
Unscramble the Blue Letters
Visa now reports that more people are using debit crads than cierdt cards. So we're starting to pay for things with menoy that we have. And we're starting to be much more careful about how we save and invest. But that's not really the whole story, because this has also been a dramatic time of transformation. And you've got to admit, over the last year and a half, consumers have been doing some weird things. It's pretty staggering, what we've lived through. If you take into auocnct that 80 percent of all Americans were born after World War II, this was essentially our dsoipesren.
Open Cloze
Visa now reports that more people are using debit _____ than ______ cards. So we're starting to pay for things with _____ that we have. And we're starting to be much more careful about how we save and invest. But that's not really the whole story, because this has also been a dramatic time of transformation. And you've got to admit, over the last year and a half, consumers have been doing some weird things. It's pretty staggering, what we've lived through. If you take into _______ that 80 percent of all Americans were born after World War II, this was essentially our __________.
Solution
- depression
- account
- credit
- money
- cards
Original Text
Visa now reports that more people are using debit cards than credit cards. So we're starting to pay for things with money that we have. And we're starting to be much more careful about how we save and invest. But that's not really the whole story, because this has also been a dramatic time of transformation. And you've got to admit, over the last year and a half, consumers have been doing some weird things. It's pretty staggering, what we've lived through. If you take into account that 80 percent of all Americans were born after World War II, this was essentially our Depression.
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
savings rate |
3 |
déclassé consumption |
3 |
health care |
2 |
world war |
2 |
lowest level |
2 |
shark attacks |
2 |
tremendous opportunity |
2 |
yacht club |
2 |
york city |
2 |
existing infrastructure |
2 |
interesting company |
2 |
electricity usage |
2 |
moving truck |
2 |
Important Words
- account
- admit
- americans
- born
- cards
- careful
- consumers
- credit
- debit
- depression
- dramatic
- essentially
- ii
- invest
- lived
- money
- pay
- people
- percent
- pretty
- reports
- save
- staggering
- starting
- story
- time
- transformation
- visa
- war
- weird
- world
- year