‘White Swan’ and ‘Black Swan’ Events

‘White Swan’ and ‘Black Swan’ Events

Today, we’re exploring a fascinating topic that has attracted a lot of attention in financial circles: the concept of Black Swan and White Swan events. Our discussion and English class today was inspired by a recent Bloomberg article from January 30th titled,...
Buy Now, Pay Later (BNPL) is Booming

Buy Now, Pay Later (BNPL) is Booming

In Episode 85,  we delve into a fascinating headline from early December published by CNN: ‘It’s lending on steroids’: How Buy Now, Pay Later companies are meeting an influx of demand despite higher costs. What does “Lending on steroids” mean? In economic...
What Is a ‘Windfall’?

What Is a ‘Windfall’?

Today, we dissect an intriguing headline from The Guardian newspaper, published earlier this week. We’ll unravel the vocabulary and concepts it presents. Our primary focus today revolves around the term “windfall.” The headline is: “Autumn...