Looking into the future

Time to

Turn to….. EAST !by Nalaka Gamage

(www.nalakainfo.com)

Future is a reflection of what we do in the present

“My interest is in the future because I am going to spend the rest of my life there.”

1Recent Past belonged to the

West 2Wind of change

is now blowing 3Future belong to the East

The past

“You have to know the past to understand the present.”

1Past belonged to the West

The march of dominance of the West

The march of the west

Capitalism

Colonialism

Science

Theology

Globalization

» Western culture is based on passion and greed» Competition was the rule of the game» Western science gave the impetus» Power of gun of the west dominated over the

east» Colonization collected initial wealth» Then the they cashed on by imposing

capitalism

Why does west dominate the present ?

2“The time is always right to do what is right.”

The Present

The wind of change is blowing

Globalization – The intention

» Globalization was meant for exploiting the east using the advancement of western technology

» They called it to be neo-colonialism without blood shed

» Internet and ICT was thought to be their main weapons

» However, now it has fired back on the West itself !

What is wrong with western thinking?

» Science can not control the nature» Blindly going after desires is not going to make

humans happy» One can not fool all the people all the time !

Facts – Recession in USA

»Recession in USA is never going to recover as previous instances

» External debt of USA is growing in staggering rate

» Unemployment rate in USA is alarming 10 %

Facts – Debt crisis of Europe

» Western European countries are sinking due to national debt crisis

» Iceland is already bankrupt

» Greece and Ireland are already bailout

» Others are in austerity

Resource: http://www.bbc.co.uk/news/10150007

3 The Future

“I never think of the future - it comes soon enough.” - Einstein

Future belong to the East

Asia rising

» Asian countries have succeeded in turning globalization for our advantage

» China is counter attacking in manufacturing sector through low labor cost and raw materials

» India is counter attacking in IT and service sector

» Japan is keeping steady in electronic and technology

Facts

» Though USA is still leading according to gross domestic product (GDP), China and Japan has climbed to second and third positions respectively

» China and Japan alone holds bulk (40 %) of external debt of USA

Resource: http://en.wikipedia.org/wiki/United_States_public_debt

Why Asia is rising?

» Change in attitude of Asians to find our own roots and strengths

» Globalization has back fired on the west» Asian culture promote live in harmony with

nature» Eastern Asian religions promote moderation

rather than passion and aggression» West is now borrowing money where Asians

are leading lenders

Destiny is clear

» Asia is rising for sure»Even the West has now accepted it

» Time to say bye to colonial mentality and turn to East

» Be part of the winning stream» We can build better world through modest

and tolerate eastern values» Happier people» Greener planet

© Nalaka Gamage

www.nalakainfo.com

Thank you