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The University Buddhist Association of UCLA is an organization of students, faculty, and community members who come together to learn about and practice Buddhism. We're a non-sectarian Buddhist group that welcomes all Buddhists and non-Buddhist of all faiths and traditions.

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Thursday, December 11, 2008

Dalai Lama speaks about economic crisis


The Dalai Lama spoke at a joint press conference with Hans-Gert Poettering, the President of the European Parliament. The Buddhist Channel features an article on what the Dalai Lama had to say about the world economic crisis:

"Answering a question about economic crisis, the spiritual leader explained the ongoing market crisis around the world. Saying, 'Market itself is a creation of human beings,' the Buddhist leader asked, 'What is the real cause of this sort of economic crisis?' Citing answers from his business friends, the Dalai Lama told journalists: 'Too much speculation and ultimately greed,' adding, 'The potential to help is: reduce greed and (increase) self-discipline. 'Economic crisis is something urgent so it will be helpful to reduce some other conflict (that are going on) in the name of faith and nationality.' "

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