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Financial Meltdown in the EFL Classroom

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  • frank furt
    Participant
    7 October, 2008 at 15:36
    • Total posts: 7

    Wouldn’t it be good to look at the financial crisis in the EFL, ESL classroom? Admittedly, a lot of postmodern financial intrigues are unbelievably arcane (does anyone understand credit default swaps?) but some bits are simple to describe and they can lead into an interesting discussion of the idiocy of modern financial practices. One such phenomenon is leverage.

    There is a simple description of leverage and an explanation of how it can lead to mayhem at the link below.

    http://www.fullspate.net/meltdown.html

    dan
    Moderator
    16 January, 2009 at 14:51
    • Total posts: 770

    Reply To: Financial Meltdown in the EFL Classroom

    From a language point of view – could be a good topic for presenting / practising cause and effect type constructions (as a result of / due to / caused by / etc)

    Dan

    DMGannon
    Participant
    9 April, 2009 at 12:12
    • Total posts: 14

    Reply To: Financial Meltdown in the EFL Classroom

    I think Dan has a good point, there are a lot of the students that I’ve had recently that don’t really have a grasp on the cause and effect of this international crisis. It leads to a lot of other discussions.


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