Learning Substance

A philosophy of Sufficiency Economy has focused on planning and operating all steps by considering carefully in order to avoid failures’ effect on developing. It is a development that considers having secure and strong basics, building growth orderly, and being able to improve quality of life both in mind and physical way altogether. Sufficiency Economy philosophy, does not resist a globalism, oppositely supports it to become more recognized by selecting only the changes which are useful for a country, also building well-enough self-awareness for the bad and unavoidable ones in order to limit them not to be too dangerous to a country.

Subject 1 World Situation at This Moment (2008-2009)

The United States of America has developed its economy to the highest level of world’s globalism because of the fact that lots of capital markets from all over the world have invested in its capital markets. After the occurrence of Asia’s economical crisis and its spreading to the rest of the planet, lots of capital stocks in each country cannot be used for investment because the economy has decelerated itself to the crisis’s step and the stock’s capitals from all over the world, then, have flown rapidly into the USA’s capital markets. A huge problem of this country’s capital growth is the investing areas’ expansion for expanding capitals to the widest level in suburb’s level in order to support their expansion which seems to become larger as the time goes by.

In 1998, while the economic crisis has been threatening other countries worldwide, the USA’s capital markets back to top. The Dow Jones index has highly increased over 10,000 for the first time and reached its peak at over than 11,000 while the Nasdaq is higher than 3,800, creating other countries’ admiration, surprising, and not understanding of why USA’s economy is confronted to the world’s. Truly it is not that difficult to understand: when the capital stocks within the US cannot be used for investing inside a country and the confidence most of investors have upon USA are still in a good 40 state, global capitals then flows in. However, because of the fact that USA’s capital markets do not grow on a state of truth, its bubble economy might not last long.

In 2001, an origin of 3rd millennium’s first step, plenty of giant companies inside the US have started presenting of their lower profits and their unemployment, for example, in December 2000, the General Motors(GM) has unemployed 15,000 staffs, Lucent Technologies incorporation, a large telephone equipment’s manufacturer, has laid off 16,000 operators on 24th January 2001, Whirlpool Corporation, an electric equipment’s manufacturing industrial, has fired 6,000 officers, and AOL Time Warner, a modern media’s business of the America Online and Time Warner’s cooperation, has dismissed 2,000 staffs.

A non directional and unclear swaying of the US’ capital markets has begun to fluctuate and uncertain, and the investors have started losing their confidences in America’s capital markets. Moreover, when Mr. Miyazawa Kiichi, Japan’s Minister of Finance, has explained to the Senate’s Committee on Budget group and accepted officially for the first time of Japan’s economical failure on 8th March 2001 after its weakening for more than 10 years that the country’s monetary status is really terrible or nearly become bankrupted. A week after that, the US’s capital markets, first, the NASDAG has dropped more than 30%, follows by Dow Jones, S&P, and world capital markets’ rapid collapse. Plus, President George W. Bush has claimed this situation as the World Stock Crisis.

While invertors from around the world are not confident in the US’s capital markets, lots of serious situations happen in various regions all over the world in March 2001 starting with the US’ announcement of missile’s development for protecting itself, the arrest of Milosevic who is a Yugoslavia’s former leader, Palestinian’s fight which developed from stoning to bombing and gun firing, Chechen Republic’s serious situations, the Taliban’s destroying largest Buddha image’s statue in Afghanistan which causes the deep wound inside Buddhists’ hearts toward Muslims, the visit of His Holiness Dalai Lama to Taiwan, US’s submarine’s appearance on one of Japan’s islands without early informing, the US’s announcement of selling weapons to Taiwan, and lastly, the US’s incitement upon China by sending its air scouts into China’s territorial sky which results in China’s using its 2 aircrafts for forcing them to land on Hainan island. These serious situations were all occurred within March, the time when USA faces the its capital markets’ crisis, and has been expected that whether this country has created the situations or not, its Dow Jones has been slightly increased to the higher state than in January even if the US’s economy is still in a worsened one.

The economical situation of USA and Japan will lead the world to a globalism economical crisis. The USA’s preparation in forms of defensive and offensive to this situation for more than 20 years are its preparation of the “Create war for supporting economy” strategy. Because it has developed the manufacturing factors to an era of Information Technology (IT), the USA’s strategies and methods of war have been improved to the IT era while the other’s still using their war’s pattern in the industrial one : some powerful countries like China and Russia might have already developed their war pattern into IT era but still have not demonstrated them yet unlike USA that have already passed its demonstration in the Gulf War’s situation.

China, after Deng Xiaoping’s announcement of using the “Four Modernizations” policy and his leading China to the development of energy and manufacture using “One country, two systems’ policy, has its GDP’s growth at approximately 8-12% regularly even now that the world’s economical crisis has affected upon all countries, China’s economic growth still increases at the rate of 7-8%. This economic growth certainly has an effect and conflict of interest upon USA’s benefits in order to spread influence to imperialist world. Because of this, the USA’s attempt to weaken China by separating China’s 8 administrative districts into 8 countries as it has done to Russia before is then considered to be the greatest strategy which will result in its success of becoming the world’s imperial.