“Rampant corruption” is to blame for the economic recession, the Dalai Lama said yesterday, according to this Bloomberg article. People have placed things at the center of their lives in lieu of spirituality and morality, the Nobel Peace Prize winner says.
Moneyquote: “People have become selfish and materialistic, which has led to the economic slowdown.”
If there’s a good side to this recession, it’s that things like this are exposed for the frivolities they are.
