【每日阅读训练第四期——速度越障18系列】【18-08】经管

zhaoyingchen

第一天，果真超级慢。。

Article 1
(1) 2:36:0
(2) 2:36:6
(3) 1:45:1
China's rapid GDP growth rate is not a good thing for the longterm development of economy. There are many probelms right now or in the future.
Slowdown the speed and pay more attention help to build a healthier economy.

Article 2
(4) 2:45:0
Baidu faces big chanllenges while Google develops very well all around the world.
2 major factors: the first is the market. 90% of baidu's market is in China while less than 50% market of Google in U.S.
                 The second is teconology. Baidu miss the opportunity of the shifts and it is hard for Baidu to catch up.

Article 3
(5) 2:04:0
China has a fragile economy.The the CPI increases is not balanced with the increases of life quality.

obstacle
(6) 6:35:8
economists should learn more about other fields to help them understand more about the economy.
坚持坚持！

绝望的小老鼠

1-3 China won't grow with such high speed as it were.(resources-wasted, labor-shrinked, )
       too many debt is the reason.(co. bankrupcy, high credit growth rate, unsustainable growth model)
       the solution is reformation in current growth system--consumption-leaded growth. This method would be less risky.

4. Baidu is a mini google in operation.(ads-earning) But baidu is based on laptop.
    situation now:   google is trading at half of its average valuation.
                             Baidu has 2 points to overcome:1) global ads  2)catch the opportunity to develop technology

5. phenomenon：Chinese are crazy about buying gold because of its reduced price. The total amounts being sold, the inventory,
                           and stores in mainland and Hongkong all show this trend clearly.
   reason： China suffers a deepest deflation.(CPI AND PPI show this trend)  and thus people are worried about the fragile economy.
   
  

越障框架：

Economists are wierd, and they should know that being too reasonable is not a good thing.

ex1. people pay more to "own" things and avoid feeling loss.
ex2. normal people are somewhat shortsighted.
ex3. trust is also about brain chemistry product.
ex4. people can be influenced by others and can be ultruistic and generous, in all, people tend to maximize happiness and minimize pain.

a suggestion: economists should take surrounding stimulants and brain activity into consideration
                      And this way of analyzation is good to policy, too.(dignity)
                      therefore, many decisions are good, economists should accept that opinions should be colorful, and there is no right answer.--------point



评估一下单词，句式，阅读技巧的掌握情况很有必要啊~~
ps：神猴版主，我来了~~

瓷姜

1'14
1'39
1'07
1'47
1'39
3'54
some factors that effect people's economic activity

none123

1‘57 scientists are debating whther will China have a hard or soft landing,but they ignore an important fact that chinese growth model has been broken. the resource shortage and the aging population shows the difficulties of the continue raise.
2'25 the situation in china can be seen everywhere.the investment is growing but doing harm to the overall economy.more frighting thing is that the debt level is increasing.
2'15 the scientists recommand china to be more independent of the investment and make it's consumption  make sense. a slower developing china is better.
3'21some comparison about  baidu in china and google in the us.they are all very popular in their own country but when it comes to the google ,baidu is too limited by the geography and react more slowly to the change.
2'54 the gold market is so popular in china just because the flation situation in china is not severe.and china has the most fragile economy.
6'27 Daniel McFadden pointed  out something defferent from the standard medel .memory and experience  and trust are the things must be considered.they  also emphasise the dogged pursuit of self-interest .all in all,economics must think more besides the standard medel.

AquariusL

S1: 02:51
China has a drop in GDP growth rate, which is not temporary. The growth model has broken: invest too much in modernizing economy and labor started to shrink.
S2: 03:21
Banks and steel companies invest too much and raise debt to a great level. Optimists rely on governments to solve problem while pessimists think that debt level will continue to rise if investment never stop.
S3: 03:28
A slower reforming may be less risky. China should rebalance its investment and consumption to have stable economy and avoid financial crisis.
S4: 03:06
Baidu's stocks dropped while Google is trading well. Reasons are: Baidu rely on PCs while Google's smartphone operating software make it more accessible; Baidu are so geographically focused while Google are globally accepted; It's hard to catch up missed shifts in technology.
S5: 03:50
China is suffering from deflation, which makes product price to fall and affects the global economy.
O: 08:56
Economists should incorporate principles from psychologists, neurobiologist and anthropologist to analyze how people make decisions. Supporting points are
1) Endowment effect: people care more about things that belong to them; loss aversion: people dislike lose something more than gain something of the same amount.
2) The order people experience pain in the peak or in the end makes a big difference on how they feel.
3) Economists use trust in modelings, which is also a product of brain chemistry.
4) Psychologists say people's behaviors are influenced by others while biologists bring forward altruism which has connection with self-interest.
5) Manipulating brain activity helps to understand different economic options.
Not truly understand the last paragraph...
reading时take notes时间用的多一些，不过points好像也更complete, 结构还是不是非常清楚。。balance 速度和理解是ultimate goal啊，继续加油。。

adamzjw

2:08
3:15
2:37

The slowdown of economic growth of China receives lots of attentions. The real problem inhibiting the growth is that the economic model is broken, a phenomenon proved by the bankruptcy of leading solar-panel manufactory and by the overinvestment in steel industry. It’s widely believed that the current situation of China economy cannot last and that the government should push the reform process that base the growth on the private consumption.

2:58
2:20

5:41

zhaixuting

1  02:37
2  02:50
3  02:49
4  04:36
5  03:15
6  03:31
7  07:14
谢楼主 内容很好很丰富

vividlai

1-1'30
2-2'07
3-1'27
4-2'06
5-1'45

obstacle
4'46
economists should focus more on psychology
“people” in economic models have fixed preferences, they prefer things that are on their own, they can spend more money on something that they own
and people hate losing things , this leads people to buy insurance
the experience and memory are also determining things
trust is also an important factor
many people in other fields other than economy have already got a knowledge about these factors, while these factors may seem strange for economists
economists need to do things differently if they understand how people make decisions
creating a sense of dignity turns out to be a powerful way of affecting decisions
but offering too many choices may also have negative effects

烟囱XXQ

占座，晚上交作业

dongr87

谢谢小莎妹的单词列表：）
挂个猴头先~

1:43
The article contrues China's development mode and the problem the whole country is facing.
2:43
The enormous growth of economy in China is not healthy. Both the optimists and the pessimists think the situation won't last any more.
1:51
One method is to slow down China's economy growth to gain balance.That will lower the risks of China being pushed into a financial crisis.
3:01
The problem Baidu is facing.
1. Too locally
2. Too little technique creations.
2:33
The reason Chinese surge in buying gold.

Obstacle
7:17
McFadden thinks economists could not only concentrate on economic fields but also other fields.
In the aspect of cognitive psychology, the preferences are different from those in the economic module. That is the loss aversion.
An experiment of 1996 showed another area.这个area没看懂。
Trust is not only the function of history and interactions, but also a brain chemistry activity.
McFadden believes economists need to do things differently from previous thought.
The new method will lead economists to take more consideration and choices while dealing with such questions, it might be more complicated.