Economic Crisis Result of Unlimited Greed: Dalai Lama

January 16th 2009

Sarnath, Varanasi, UP, India, 16 January 2009 (PTI) - Tibetan Spiritual leader the Dalai Lama today said the main cause of global financial meltdown is"unlimited human greed".

"I am not an economist but it is difficult for a common man to understand how market forces can be beyond the human control because markets are the creation of human beings themselves,"the Dalai Lama said at a press conference here. He said that in his view the economic crisis was the result of unlimited greed, a lack of transparency and lies."Owing to these factors, things nearly collapse,"he added. The Tibetan guru opined that spirituality has the power to teach containment, truthfulness, honesty and morality."These things will not occur if one becomes tolerant and spiritual,"he added. Stressing that media has a very important role to play in the given situation, the spiritual leader said,"We write as if there is no future but it is also important to show that'yes', there is a future". Media must play a more positive role in making and shaping the world.

 

 

Latest News

The First of Two Introductory Talks on Buddhism at Upper TCV
May 28th 2015
Dharamsala, HP, India, 27 May 2015 - His Holiness the Dalai Lama was given a traditional Tibetan welcome when he arrived at the Upper Tibetan Children’s Village School this morning. A large group of female students sang a traditional welcoming song. As His Holiness walked from his car to the stage he greeted people in the crowd who caught his eye. Approximately 4500 students from TCV Schools and students at various universities were seated under an awning on the Upper TCV basketball court.

Meeting with Vietnamese CEOs
May 15th 2015

His Holiness the Dalai Lama Begins a Series of Teachings at Gyutö Tantric College
May 11th 2015

His Holiness the Dalai Lama Launches Local News App
May 9th 2015

His Holiness the Dalai Lama Expresses Sadness about Nepal Earthquake
April 26th 2015

Explore