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Greetings from Pennsylvania

Posted: Mon Jan 07, 2013 1:46 am
by shipwright
Hello Everyone. It is a pleasure to finally introduce myself. I have been a casual visitor to DhammaWheel for some time now and learned a great deal from the myriad discussions on this forum. The hope now is that through active participation there will be much more wisdom to be had.

As a brief introduction… I am a relatively recent college graduate currently working in the finance industry (I am curious as to how the Buddha would have viewed modern finance in the context of Right Livelihood given what we all now know post 2008) while simultaneously back in school pursuing a graduate degree. In my early college years AccessToInsight was my best friend, but I am now happy to announce that this particle circle has expanded to include WisdomPubs the “Teachings of The Buddha” and now DhammaWheel.

I truly look forward to meeting and learning from all of you.
:hello:

Re: Greetings from Pennsylvania

Posted: Mon Jan 07, 2013 2:53 am
by bodom
Welcome shipwright!

:anjali:

Re: Greetings from Pennsylvania

Posted: Mon Jan 07, 2013 4:03 am
by Ben
Hi Shipwright and welcome to Dhamma Wheel!

Re: Greetings from Pennsylvania

Posted: Mon Jan 07, 2013 5:08 am
by DNS
Welcome to Dhamma Wheel!
:yingyang:

Re: Greetings from Pennsylvania

Posted: Mon Jan 07, 2013 5:19 am
by Dhammanando
Hi Shipright,

Welcome to Dhamma Wheel!
shipwright wrote:(I am curious as to how the Buddha would have viewed modern finance in the context of Right Livelihood given what we all now know post 2008)
What is it that everyone (except me, it seems) now knows about modern finance post-2008?

Re: Greetings from Pennsylvania

Posted: Mon Jan 07, 2013 5:25 am
by tiltbillings
WELCOME.

Re: Greetings from Pennsylvania

Posted: Mon Jan 07, 2013 7:41 am
by cooran
Welcome to DhammaWheel! :group:

with metta
Chris

Re: Greetings from Pennsylvania

Posted: Mon Jan 07, 2013 6:04 pm
by shipwright
Thank you everyone for the warm welcome.
Dhammanando wrote:
shipwright wrote:(I am curious as to how the Buddha would have viewed modern finance in the context of Right Livelihood given what we all now know post 2008)
What is it that everyone (except me, it seems) now knows about modern finance post-2008?
Dhammanando... I am afraid that a discussion on what went wrong with our modern finance and banking industry culminating in what has been called the “financial crisis” could quite possibly warrant an entire discussion forum all its own. But if one were to give a root cause it would be “greed”. Insatiable and never-ending greed.

If any of you would like some bedtime reading that is guaranteed to put you to sleep, below are some Wikipedia pages attempting to shed light on what happened.

http://en.wikipedia.org/wiki/Financial_ ... %80%932008" onclick="window.open(this.href);return false;
http://en.wikipedia.org/wiki/Libor_scandal" onclick="window.open(this.href);return false;

Re: Greetings from Pennsylvania

Posted: Wed Jan 09, 2013 10:07 am
by Dhammanando
shipwright wrote:Dhammanando... I am afraid that a discussion on what went wrong with our modern finance and banking industry culminating in what has been called the “financial crisis” could quite possibly warrant an entire discussion forum all its own.
Well, thanks for the links. I scarcely followed world news at all in 2008.

Re: Greetings from Pennsylvania

Posted: Wed Jan 09, 2013 5:47 pm
by Jerrod Lopes
Welcome to Dhammawheel. I'm pretty new here myself. I think we're in excellent company.

Insofar as what the Buddha said about finance; what I've read says that he strongly advised neither lending nor borrowing, but the associated work is not listed as wrong livelihood.

Again, welcome. Hope to see you around.

Re: Greetings from Pennsylvania

Posted: Wed Jan 09, 2013 5:54 pm
by shipwright
Dhammanando... I hope they were helpful. :D
Dhammanando wrote:I scarcely followed world news at all in 2008.
This is a very enviable position in so many ways. Often time’s world news and politics seem nothing more than the world’s biggest recurring soap opera… with the same themes, characters, and plot lines. Each time one thinks, “Surely we must have learned our lesson. Surely things will be different this time.” Unfortunately, all too often this is not the case.

Jerrod Lopes... Thank you for the warm welcome. Yes... I have already taken to reading some of your recent posts, very insightful. I look forward to seeing you around as well.