2024年5月28日发(作者：)

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英语播客：EnglishPod0029

Elementary ‐Advanced ‐ Investing in EmergingMarkets (E0029)

A: Dad, Id 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, Im

tired

of hearing all this news about the economic downturn, the inevitable 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 nest egg.

B: I dont know about that; with all the uncertainty in the markets right now, it would be

a

very unwise decision to invest. I dont know if youre aware son, but there has been a lot

of

turmoil 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 stimulus package will impact the

economy.

Theres just too much instability. I wouldnt feel comfortable investing in this climate.

A: But look at it this way, every challenge is an opportunity. And anyway, Im not talking

about investingin the domestic market. There are emerging markets 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