Dalai Lama discusses global economy at UC Santa Barbara

·'This crisis is good,' Tibetan leader says, because it reminds people that money has limitations. He also speaks about arcane aspects of Buddhist history and philosophy.
http://www.latimes.com/news/local/la-me-dalai25-2009apr25,0,7264017.story

Reporting from Santa Barbara -- The Dalai Lama, in a ringing denunciation, declared Friday that the ailing global economy is the result of "too much greed, and lies and hypocrisy."
"These are some of the factors behind the global crisis," he said at a news conference at UC Santa Barbara. "Those people who feel that money is the most important thing in life, when economic crisis hits, learn that it is only one way to be happy. There is also family, friends and peace of mind."
"Therefore, this crisis is good," he added with a laugh, "because it reminds people who only want to see money grow and grow that there are limitations."

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