WHAT ARE THE CAUSES OF THIS MELTDOWN AND DISINTEGRATION? 1.China says economic growth will slow amid turmoil
The Associated Press Sun, Oct 19, 2008 (11:27 a.m.) China said Sunday its economy can weather the effects of the global financial turmoil, but growth will decline as the expansion of business profits and public revenues slows. The State Council said in a statement at the end of an executive meeting led by Premier Wen Jiabao that the turmoil and economic instability will have a "gradual" effect on the country. 2. Factory closure in China a sign of deeper pain (AP) Unemployed worker Wang Wenming was angry at his boss for shutting down a massive Chinese factory this week that made toys for Mattel Inc., Hasbro Inc. and other American companies.But the assembly line worker was also furious at the United States."This financial crisis in America is going to kill us. ... COMPARE THE WORD DISINTEGRATION. COMPARE THE CAUSES AND DECLINE BETWEEN THE TWO CULTURES : 1.ANGKOR WATH CULTURE AND 2.LEHMAN BROTHERS OR WALL STREET IN MODERN TIME. and now it affects China ? LOOK TO WALL STREET ON OCTOBER 9,2008 ,AFTER THE LEHMAN BROTHERS MELTDOWN: WHAT ARE THE CAUSES OF THIS MELTDOWN AND DISINTEGRATION? DOW PLUNGED below 9000 the first time ?.. DOW reached 14,164.53 on Oct. 9, 2007. Dow October 9, 2008 , Dow plunges 679 to fall to lowest level in 5 years. Dow plunges 679 points to trade below 9,000 for the first time in 5 years in afternoon sell-off NEW YORK (AP) By Tim Paradis, AP Business Writer Dow plunges 679 points to trade below 9,000 for the first time in 5 years in afternoon sell-off NEW YORK (AP) -- Stocks plunged Thursday, sending the Dow Jones industrial average down 679 points -- more than 7 percent -- to its lowest level in five years. Stocks took a nosedive after a major credit-rating agency said it might cut its rating on General Motors and Ford, further rattling investors already fretting over the impact of tight credit on the economy. -For Cambodia, at Angkor Wath time ? Was the Theravada Buddhism to be blamed? -Wall Street in 2008 ? who's to blame ? In both cases: -corruption, -greed , -dishonesty , are to be blamed ? DOES THE WORD DISINTERGRATION HAVE THE SAME MEANING AND IMPLICATIONS AS THE ONE WE TALK FROM THE ANGKOR WATH PERIOD AFTER KING JAYAVARMAN VII ERA? WHAT ARE THE CAUSES OF THE LEHMAN BROTHERS MELTDOWN compare to the Angkor period & culture disintegration ? WHAT IS THE COMMON DENOMINATOR? =============================== CAMBODIA : the Angkor period & causes of decline CAUSES OF DELCINE : After Jayavarman VII's death, Kambuja entered a long period of decline that led to its eventual disintegration. A. The Thai were a growing menace on the empire's western borders. B. The spread of Theravada Buddhism, which came to Kambuja from Sri Lanka 1. by way of the Mon kingdoms(Siam ) , challenged the royal Hindu and Mahayana Buddhist cults. 2. Preaching austerity and the salvation of the individual through his or own her efforts, 3. Theravada Buddhism did not lend doctrinal support to a society ruled by an opulent royal establishment maintained through the virtual slavery of the masses. (source : Library of Congress Country Studies) __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Cambodia Discussion (CAMDISC) - www.cambodia.org" group. This is an unmoderated forum. Please refrain from using foul language. Thank you for your understanding. Peace among us and in Cambodia. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/camdisc Learn more - http://www.cambodia.org -~----------~----~----~----~------~----~------~--~---
