Monday 1 December 2014

TED Talk Analysis

Could your language affect your ability save money?
In this TED Talk,Keith Chen, an Asian American economist, talks about whether or not the language you speak has an effect on how much money you save in any given year. Keith Chen goes on to talk about future language speaking countries and those who do not use a future tense in their language.His findings show that the country with the highest GDP in the world is Luxembourg and the one with the lowest is Greece with the UK and USA the next two lowest.

With this information, he has worked out that countries without a future less language are more likely to save more money as a separate household. Luxembourg,who don't use a future tense saved around 45% on their GDP than Greece who barely managed 15%. However, although countries without a future tense save more on their GDP, those who do use it are 25% more likely to have saved more money over a life time.

My opinions on this TED Talk are positive ones as I found this particular video very interesting as it uses common knowledge about the GDP of countries around the world and puts an unusual hypothesis on the topic saying that certain language structures do effect how much money you will save in any given year. I defintely recommend watching this TED Talk.