full transcript
From the Ted Talk by Ray Dalio: What coronavirus means for the global economy
Unscramble the Blue Letters
But what happens is, states and localities think of it as a budget item. So they look at expenses. And they penny-pinch on the education. Because if you're in a rich town, your kids will get a good education. And if you're not — And a large percentage of the pualiooptn is losing that. So that has to be engineered well, so that they are ptvdcuiore, as well as divide the pie well, and everybody believes that the setysm is fair. We can get there. Am I optimistic that we will get there? You know, I don't know. I would say, I'm 60-40 pessimistic that we'll be good enough with each other to do that. But there's that possibility. This is our test. This is our sestrs test.
Open Cloze
But what happens is, states and localities think of it as a budget item. So they look at expenses. And they penny-pinch on the education. Because if you're in a rich town, your kids will get a good education. And if you're not — And a large percentage of the __________ is losing that. So that has to be engineered well, so that they are __________, as well as divide the pie well, and everybody believes that the ______ is fair. We can get there. Am I optimistic that we will get there? You know, I don't know. I would say, I'm 60-40 pessimistic that we'll be good enough with each other to do that. But there's that possibility. This is our test. This is our ______ test.
Solution
- system
- population
- stress
- productive
Original Text
But what happens is, states and localities think of it as a budget item. So they look at expenses. And they penny-pinch on the education. Because if you're in a rich town, your kids will get a good education. And if you're not — And a large percentage of the population is losing that. So that has to be engineered well, so that they are productive, as well as divide the pie well, and everybody believes that the system is fair. We can get there. Am I optimistic that we will get there? You know, I don't know. I would say, I'm 60-40 pessimistic that we'll be good enough with each other to do that. But there's that possibility. This is our test. This is our stress test.
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
world order |
4 |
balance sheets |
3 |
interest rates |
3 |
defining moment |
3 |
debt cycle |
3 |
stress test |
3 |
high school |
3 |
thoughtful disagreement |
3 |
monetary system |
2 |
american dream |
2 |
financial assets |
2 |
buying power |
2 |
politically challenging |
2 |
emerge stronger |
2 |
equal opportunity |
2 |
irrational hatred |
2 |
global view |
2 |
Important Words
- believes
- budget
- divide
- education
- engineered
- expenses
- fair
- good
- item
- kids
- large
- localities
- losing
- optimistic
- percentage
- pessimistic
- pie
- population
- possibility
- productive
- rich
- states
- stress
- system
- test
- town