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    Finance & Economy Finance, listening, vocabulary

    How Will the Global Economy Fare in 2025?

    SPEP R&D ⋅ January 22, 2025

    VOCABULARY & EXPRESSIONS

    stumble: 비틀거리다
    fundamental: 근본적인
    China and Germany stumbled last year with fundamental challenges proving difficult to fix meanwhile the US saw strong growth.

    powerhouse: 실세
    Traditionally the German economy is seen as the powerhouse of Europe.

    stagnation: 경기 침체
    We haven’t seen any economic growth here to speak of for years and 2025 looks set to be another year of stagnation.

    strife: 갈등
    The governing coalition here collapsed in November after months of political strife and arguments and there are snap elections in February.

    pessimistic: 비관적인
    But the more pessimistic Chinese people are about their economy, the more likely these already conservative consumers are to save more rather than spend more.

    sentiment: 감정
    And turning this sentiment around is going to be very tough indeed.

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