Do keep your effort!

Hi all,

Thank you as always for reading my blog!


Do keep your effort. That is said by my Sensei to me. He gave me an additional task to complete within relatively short period of time. So it means I have to study hard. First I have to define my purpose and plan. After that I have to rely on myself for completing this task on time.
I remember a quote by Winston Churchill: It is no use saying 'We are doing our best.' You have got to succeed in doing what is necessary. So I should keep it in my mind until I finish what I have to do.

Capitalism?

Hi all,

Thank you for visiting!

Since the collapse of Soviet Union, my country shifted its transition from planned economy to a market economy. Hence, I think Mongolia did it because there is a general agreement among both developed and developing nations that capitalism encourages economic growth. And maybe many of them think that human did not find a better economic system than the capitalism (probably along with democracy). I understood capitalism allows free market; capital is privately owned; supply, demand, price, distribution and investments are determined mainly by private decisions. But market forces is managed through a planned economy. A clear example is the United States of America.

The USA has relied for decades on its consumers' willingness to spend, born up by borrowing and the false comfort of bubbles in asset prices. Now after the Lehman's shock, Americans are saving more and borrowing less. Recession in Japan also shows that consumers carry their own drink around rather than buying drinks from vending machines. We all can see that everywhere in developed countries, consumers are changing their mindset to save more and spend less and export more to the rest of the world. As a result, many developing countries spend more as their economy grows and rely on foreign trade from developed countries. It encourages more consumption in many countries, in particular emerging Asia.

Nevertheless, I still wonder how do we progress toward being thriftier and not having our homes are worth less than our mortgages. Does capitalism help us? I guess only if we manage it very well...

Karma

Hi all,

Thank you for reading my blog!

As some of you have had a chat with me and remember that we happened to have a discussion about 'Karma' quite often, I thought it is a good idea to call attention on it. First, I think I should start with its definition. 'Karma', a Sanskrit word, in Indian religion is the concept of 'action' or 'deed', often understood by us as that which causes entire cycle of cause and effect, says Wikipedia. It was originated in ancient India and treated in Hindu, Jain, Buddhist and Sikh philosophies. I am not expert of this concept, but, somehow I found it very interesting. What I read and memorized very well was that what it is in your mind becomes a word. What you say becomes an action. What you do becomes a habit. And your habit becomes your destiny. I read also that 'Karma' is interpreted in western religion. Some understand 'Karma' as an inherent principle of the universe without intervention of any supernatural being. But I rarely find a scientific study on how 'Karma' and universe intervene and reincarnation and so on.

If you are interested in such topic or want to know more about how we interact with Universe's electromagnetic power, then let's meet at Leafcup and have a lively discussion!

www.leafcup.com/staff