Monday, August 16, 2010

Regaining The Sacred And Sustainability: 'Gross Domestic Product' After Middle-Class Affluence

Many Japanese spent Sunday evening floating paper lanterns down rivers, honouring the souls of the departed. This was done in the belief that this guides the spirits of the departed back to the other world.

On Monday, Japanese learned that their economy had allegedly been eclipsed by the Chinese economy as the second largest in the world. Some experts project that the Chinese GDP will exceed the U.S. GDP in 20 years time (2030).

Obon -- "hanging upside down" (Sanskrit)

OECD-Led Project on "Measuring the Progress of Societies"

Photo credit: (c) 'Blue Lotus' via Copyright controlled.


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