<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss' xmlns:gd='http://schemas.google.com/g/2005' xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-8530156080664731032</id><updated>2011-11-30T20:15:00.083+08:00</updated><title type='text'>Harmonious Mind</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default?max-results=100'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>17</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>100</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-3632927164441604855</id><published>2008-11-11T13:08:00.007+08:00</published><updated>2008-11-11T13:54:32.727+08:00</updated><title type='text'>四书五经</title><content type='html'>&lt;a href="http://www.vagaacn.com/imagefiles/200751623181910977801.jpg"&gt;&lt;img style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 283px; CURSOR: hand; HEIGHT: 383px" alt="" src="http://www.vagaacn.com/imagefiles/200751623181910977801.jpg" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;During the ancient, all confuscius scholars need to learn the 9 books also known as the 四书五经. These &lt;strong&gt;四书 &lt;/strong&gt;consist of &lt;strong&gt;论语、孟子、大学 &lt;/strong&gt;and &lt;strong&gt;中庸&lt;/strong&gt;；and the &lt;strong&gt;五经&lt;/strong&gt; is make up of &lt;strong&gt;诗经、向书、礼记、周易&lt;/strong&gt; and &lt;strong&gt;春秋&lt;/strong&gt;.&lt;br /&gt;&lt;br /&gt;However there is this book of &lt;strong&gt;周易&lt;/strong&gt;or the &lt;strong&gt;I-Ching&lt;/strong&gt; (also known as the &lt;strong&gt;Book of Change&lt;/strong&gt;) is a manual of divination based on the eight trigrams attributed to the mythical figure Fuxi (by the time of Confucius these eight trigrams had been multiplied to sixty-four hexagrams). The I Ching is still used by modern adherents of folk religion.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-3632927164441604855?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/3632927164441604855/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=3632927164441604855' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/3632927164441604855'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/3632927164441604855'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/11/blog-post_11.html' title='四书五经'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-5145365400453680129</id><published>2008-11-06T22:10:00.033+08:00</published><updated>2008-11-17T18:48:51.454+08:00</updated><title type='text'>紫微斗数 - Purple Emperor Star</title><content type='html'>&lt;a href="http://otho.douban.com/lpic/s3028722.jpg"&gt;&lt;img style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 242px; CURSOR: hand; HEIGHT: 299px" alt="" src="http://otho.douban.com/lpic/s3028722.jpg" border="0" /&gt;&lt;/a&gt;A teacher I met offered to teach me the art of &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_0"&gt;Zi&lt;/span&gt; Wei analysis and since then I had been under his guidance for almost 2 years now. He had explained that destiny is not fixed or fated but how you decide it should be and you work towards your goal. (知命造命） Astrologers observed the stars and noticed that among so many stars, only one was seemingly stationary while the rest revolved around it. As it was also the brightest, the star was named the "Emperor Star" - the celestial equivalent of the Emperor.&lt;br /&gt;&lt;br /&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;The the person seeking the fortune telling advice, presents the &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_1"&gt;BaZi&lt;/span&gt; (時辰八字) to the interpreter. This information covers a person's moment of birth: year, month, day, and time. Without this crucial information, the analysis cannot take place. &lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;Using &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_2"&gt;BaZi&lt;/span&gt; in combination with Constellation, calculations are worked out to chart the stars into 12 different palaces or Gong (宫). This would then be one's Natal Birth Chart or &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_3"&gt;Mìng&lt;/span&gt; &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_4"&gt;Pán&lt;/span&gt; (命盘). By integrating the stars and palaces, their attributes, environmental factors, the Five Elements, Yin and Yang concept and all the possible combinations and variations, not only can personalities be understood, but personal and professional relationships can be predicted. The end result is a calculated translation of one's destiny in detail including events that have already happened in the past for verification purposes.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;img id="BLOGGER_PHOTO_ID_5269576097967787970" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 284px; TEXT-ALIGN: center" alt="" src="http://4.bp.blogspot.com/_sNQiaIu_RYk/SSFLiqxCT8I/AAAAAAAAAGE/ygy2EJoa40I/s400/Untitled.jpg" border="0" /&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;The plotting of one's birth chart is not difficult. What is difficult in &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_5"&gt;Zi&lt;/span&gt; Wei &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_6"&gt;Dou&lt;/span&gt; &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_7"&gt;Shu&lt;/span&gt; is the complex system of interpretation that allows us to 'see' the blueprint of our lives.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-5145365400453680129?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/5145365400453680129/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=5145365400453680129' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/5145365400453680129'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/5145365400453680129'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/11/blog-post.html' title='紫微斗数 - Purple Emperor Star'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://4.bp.blogspot.com/_sNQiaIu_RYk/SSFLiqxCT8I/AAAAAAAAAGE/ygy2EJoa40I/s72-c/Untitled.jpg' height='72' width='72'/><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-6534249267108250584</id><published>2008-11-06T19:41:00.022+08:00</published><updated>2008-11-08T09:11:55.827+08:00</updated><title type='text'>八字学 - Four Pillars of Destiny</title><content type='html'>While studying the art of fengshui in Singapore Polytechnic, I was introduced to the art of &lt;a href="http://www.dragon-gate.com/images/cpics/AR007_c.jpg"&gt;&lt;img style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 230px; CURSOR: hand; HEIGHT: 206px" alt="" src="http://www.dragon-gate.com/images/cpics/AR007_c.jpg" border="0" /&gt;&lt;/a&gt;Ba Zi (Eight Characters) or Four Pillars of Destiny as it is popular known in the West. It is a sophisticated art of Chinese fortune-telling based largely on the Chinese five-element theory, allowing us to investigate the potential and mysterious of our lives using our birth data. BaZi calculation enable us to explore the cyclical influence of our 'destiny' in terms important areas such as family, friends, relationships, wealth, fame, recognition, career, studies, partnership, business and the almost every other important aspect of our lives. BaZi can be used to evaluate relationships and to forecast the life path of each individual.&lt;br /&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;BaZi translates our birth data - Year , Month , Day and Hour of birth into four pairs of distinct Chinese Characters (called Jia Zi). Four pairs make Eight Characters (or BaZi). Each pair is also known as a pillar, henc&lt;a href="http://upload.wikimedia.org/wikipedia/commons/thumb/3/32/Wuxing.svg/421px-Wuxing.svg.png"&gt;&lt;img style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 300px; CURSOR: hand; HEIGHT: 304px" alt="" src="http://upload.wikimedia.org/wikipedia/commons/thumb/3/32/Wuxing.svg/421px-Wuxing.svg.png" border="0" /&gt;&lt;/a&gt;e the term Four Pillars. The eight characters are made up of the yin and yang variations of the Five Elements . By analyzing the structure, compatibility, clashes, combinations and inter-relations of these eight characters, we can learn much about our nature and our life path. An individual can make use of this information to accelerate his performance in work, strengthen his or her relationships with others, improve weaknesses, maximize talents and potentials, and make informed decisions based on forecasts of his or her upcoming cycle of luck. &lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;Although the BaZi is easy to assemble, it is difficult to interpret and analyse. &lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="font-size:130%;"&gt;A Typical BaZi Table with a 10 years Luck Cycl&lt;/span&gt;e&lt;/strong&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;a href="http://baziqueen.files.wordpress.com/2008/08/pbproblems.jpg"&gt;&lt;img style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 417px; CURSOR: hand; HEIGHT: 325px" alt="" src="http://baziqueen.files.wordpress.com/2008/08/pbproblems.jpg" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-6534249267108250584?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/6534249267108250584/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=6534249267108250584' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6534249267108250584'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6534249267108250584'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/11/bazi.html' title='八字学 - Four Pillars of Destiny'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-5897152778587623804</id><published>2008-11-03T19:59:00.014+08:00</published><updated>2008-11-04T08:44:19.383+08:00</updated><title type='text'>Chinese Zodiac</title><content type='html'>&lt;a href="http://i140.photobucket.com/albums/r22/maybaby22/dreamtime/chinese_zodiac.jpg"&gt;&lt;img style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 397px; CURSOR: hand; HEIGHT: 597px; TEXT-ALIGN: center" alt="" src="http://i140.photobucket.com/albums/r22/maybaby22/dreamtime/chinese_zodiac.jpg" border="0" /&gt;&lt;/a&gt;There was a story to the origins of the 12 chinese zodiac animals. It was said that once the Buddha summoned all the animals to see him on the begining of the Lunar New Year and only the first 12 animals will be selected to run a race to determine the 12 zodiac animals representing time and year. &lt;div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;Then, the cat and the rat were good friends. But the cat was lazy and went to bed, asking the rat to wake him up when it was time to go. But the rat was selfish, believing that the cat would outrun him. So he left the cat to sleep causing the cat to miss the appointment. Thus cat was not one of the 12 zodiac animals and it was also for this reason that cats  chases and catches the rats. It was also said that the rat hid on the buffalo who raced hard to reach the destination, only for the rat to spring forward to gain first spot at the race.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;There was also another story, the dragon and snake was really not much of a difference in form. So in order to win the race, the dragon went to the rooster who had 3 pairs of legs to borrow 2 pairs from the rooster, promising to return them after the race. With these borrowed legs, the dragon outran the snake. After the dragon had won the race, he refuses to return the legs to the rooster. That's why the rooster was left with only 2 legs.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;Now, it is believed that one would also adopt the characteristics of the zodiac animal he was born under. For example, a dragon year born person will have full of vitality and enthusiam and is a popular individual. Therefore dragon year a favourite time to give birth. Likewise, it is not favourable to have a baby girl to be born at night in the year of the Tiger as she may be fierce like a tiger who will hunt at night. However this too is too general to characterise a person born in that year.&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-5897152778587623804?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/5897152778587623804/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=5897152778587623804' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/5897152778587623804'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/5897152778587623804'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/11/chinese-zodiac.html' title='Chinese Zodiac'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://i140.photobucket.com/albums/r22/maybaby22/dreamtime/th_chinese_zodiac.jpg' height='72' width='72'/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-6140969327988807940</id><published>2008-11-03T18:33:00.020+08:00</published><updated>2008-11-04T08:39:35.994+08:00</updated><title type='text'>Horoscope</title><content type='html'>&lt;a href="http://3.bp.blogspot.com/_sNQiaIu_RYk/SQ7br4UDp9I/AAAAAAAAAF8/WaJ90ycx8FY/s1600-h/aries.jpg"&gt;&lt;img id="BLOGGER_PHOTO_ID_5264386561340057554" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 400px; CURSOR: hand; HEIGHT: 228px" alt="" src="http://3.bp.blogspot.com/_sNQiaIu_RYk/SQ7br4UDp9I/AAAAAAAAAF8/WaJ90ycx8FY/s400/aries.jpg" border="0" /&gt;&lt;/a&gt;While you are reading the newspaper, you may notice there is this daily western horoscope column. Often than not, you may just glance thru them under your zodiac sign based on the day you were born. You may not make anything of them until you noticed when the happening to the day fits into one of the descriptions.&lt;br /&gt;&lt;br /&gt;However the descriptions is very general when you really think about it. How could all the people of the same horoscope but different date and year be experencing the same thing? This was the first time I got in touch and became interest in astrology&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-6140969327988807940?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/6140969327988807940/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=6140969327988807940' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6140969327988807940'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6140969327988807940'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/11/astrology.html' title='Horoscope'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://3.bp.blogspot.com/_sNQiaIu_RYk/SQ7br4UDp9I/AAAAAAAAAF8/WaJ90ycx8FY/s72-c/aries.jpg' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-349297703779320681</id><published>2008-10-25T23:41:00.021+08:00</published><updated>2008-10-26T21:48:59.147+08:00</updated><title type='text'>Alone</title><content type='html'>&lt;a href="http://1.bp.blogspot.com/_sNQiaIu_RYk/SQRRzPB2NLI/AAAAAAAAAEU/jBnspabPU7k/s1600-h/DSC00854.JPG"&gt;&lt;img id="BLOGGER_PHOTO_ID_5261420205325038770" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 412px; CURSOR: hand; HEIGHT: 275px; TEXT-ALIGN: center" alt="" src="http://1.bp.blogspot.com/_sNQiaIu_RYk/SQRRzPB2NLI/AAAAAAAAAEU/jBnspabPU7k/s400/DSC00854.JPG" border="0" /&gt;&lt;/a&gt; &lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="font-size:130%;"&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;em&gt;Be like the wind, not caught in the web&lt;br /&gt;Be like the lotus, not stained by mud&lt;br /&gt;Be like the lion, not afraid of noise&lt;br /&gt;Be like the rhinocerous, alone.&lt;/em&gt;&lt;/strong&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;Often than not, we are so caught up with the daily non-stop chattering, trying to fit into the society, keeping up with the pace of work and economy that we got ourselves entangled in the web of the mandane. Therefore it is wise that one should allocate time to himself for solitude and reflections. Just like a black rhinocerous. &lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-349297703779320681?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/349297703779320681/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=349297703779320681' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/349297703779320681'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/349297703779320681'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/alone.html' title='Alone'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://1.bp.blogspot.com/_sNQiaIu_RYk/SQRRzPB2NLI/AAAAAAAAAEU/jBnspabPU7k/s72-c/DSC00854.JPG' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-6525901922224244468</id><published>2008-10-25T19:15:00.009+08:00</published><updated>2008-10-26T10:15:31.808+08:00</updated><title type='text'>The Way of the White Cloud</title><content type='html'>&lt;a href="http://4.bp.blogspot.com/_sNQiaIu_RYk/SQMBW-DH5BI/AAAAAAAAAEM/QbKm_qLe7Ys/s1600-h/TBT87.jpg"&gt;&lt;img id="BLOGGER_PHOTO_ID_5261050283823719442" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 200px; CURSOR: hand; HEIGHT: 278px" alt="" src="http://4.bp.blogspot.com/_sNQiaIu_RYk/SQMBW-DH5BI/AAAAAAAAAEM/QbKm_qLe7Ys/s400/TBT87.jpg" border="0" /&gt;&lt;/a&gt;The last time I visited Tibet was 22 years ago therefore I'm looking forward the next bagpack trip to Tibet in September next year. During that last visit, we managed to visit Lhasa through Nepal, only visiting the eastern region of Tibet. However the next trip includes the more remote and rugged western region as well.&lt;br /&gt;&lt;br /&gt;In order to make this trip a success, there are a couple of things that need to be done. Firstly, is to save up for this trip. Next, is to exercise and prepare myself for trip and finally to read this book for more information to where we will be visiting.&lt;br /&gt;&lt;br /&gt;This book is not available in any of the bookshop in Singapore, therefore I purchased it from America through the Internet. I should be receiving this book soon.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-6525901922224244468?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/6525901922224244468/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=6525901922224244468' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6525901922224244468'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6525901922224244468'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/way-of-white-cloud.html' title='The Way of the White Cloud'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://4.bp.blogspot.com/_sNQiaIu_RYk/SQMBW-DH5BI/AAAAAAAAAEM/QbKm_qLe7Ys/s72-c/TBT87.jpg' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-6280611059344504803</id><published>2008-10-25T09:18:00.010+08:00</published><updated>2008-10-25T09:42:25.715+08:00</updated><title type='text'>Anything but Harmonious</title><content type='html'>&lt;a href="http://www.equanimity.co.za/header_files/EquanimityLogo.gif"&gt;&lt;img style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 156px; CURSOR: hand; HEIGHT: 135px; TEXT-ALIGN: center" alt="" src="http://www.equanimity.co.za/header_files/EquanimityLogo.gif" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;Ha ha, this was the remark my friend made upon reading the last few articles. I sort of agree with her as those articles were about recessions and crisis. How can that be harmonious? &lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;However I told her that the purpose of those articles was to remind people to learn from History. These events came with a warning but people were so busy trying to grab even more that they became blind to those warning.&lt;br /&gt;&lt;br /&gt;Let' be reminded that in time of happiness, one need to be mindful and in time of crisis, one need to be equanimous.&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-6280611059344504803?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/6280611059344504803/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=6280611059344504803' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6280611059344504803'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6280611059344504803'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/anything-but-harmonious.html' title='Anything but Harmonious'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-6246558487030770645</id><published>2008-10-23T19:23:00.003+08:00</published><updated>2008-10-23T19:48:04.860+08:00</updated><title type='text'>2008: The Credit Crisis</title><content type='html'>&lt;a href="http://4.bp.blogspot.com/_sNQiaIu_RYk/SQBkPu03gqI/AAAAAAAAADs/LMnycYDPJNg/s1600-h/180px-Foreclosure_Trend_-_2007.png"&gt;&lt;img id="BLOGGER_PHOTO_ID_5260314586199327394" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 180px; CURSOR: hand; HEIGHT: 135px; TEXT-ALIGN: center" alt="" src="http://4.bp.blogspot.com/_sNQiaIu_RYk/SQBkPu03gqI/AAAAAAAAADs/LMnycYDPJNg/s400/180px-Foreclosure_Trend_-_2007.png" border="0" /&gt;&lt;/a&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;The Big Crash:&lt;/span&gt;&lt;/strong&gt; It started with the US sub-prime mortgages, which became worthless when the home owners defaulted on their loans. The housing market promptly collapsed, wiping out Wall Street's revered investment banks and pulling companies, stock markets and the economies around the world down with it. &lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;In the US, more than US$1 trillion was lost in a single day when the Dow posted its biggest loss in history of September 29, falling 777.68 points.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Recovery:&lt;/span&gt;&lt;/strong&gt; Nowhere in sight yet.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Why it's Important:&lt;/span&gt;&lt;/strong&gt; Expert say this is the closest the world has come to rivalling the Great Depression. And it's nowhere near over yet, with the complex finanical system still unwinding by the day.&lt;/div&gt;&lt;div&gt; &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-6246558487030770645?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/6246558487030770645/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=6246558487030770645' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6246558487030770645'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6246558487030770645'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/2008-credit-crisis.html' title='2008: The Credit Crisis'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://4.bp.blogspot.com/_sNQiaIu_RYk/SQBkPu03gqI/AAAAAAAAADs/LMnycYDPJNg/s72-c/180px-Foreclosure_Trend_-_2007.png' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-6429482784726617890</id><published>2008-10-23T19:02:00.003+08:00</published><updated>2008-10-26T21:35:46.823+08:00</updated><title type='text'>2003: Sars and the Iraq War</title><content type='html'>&lt;a href="http://www.adb.org/documents/books/ado/2006/update/img/fig114.jpg"&gt;&lt;img style="FLOAT: left; MARGIN: 0px 10px 10px 0px; WIDTH: 250px; CURSOR: hand; HEIGHT: 650px" alt="" src="http://www.adb.org/documents/books/ado/2006/update/img/fig114.jpg" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;The Big Crash:&lt;/span&gt;&lt;/strong&gt; The world was hit with a double whammy in 2003 with the outbreak of the Sars epidemic and the Iraq war. Asian economies, just starting to find their feet after the finanical crisis of the 1990s, were forced back into slower growth and ression fears.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Recovery:&lt;/span&gt;&lt;/strong&gt; Fairly rapid. In fact, after Sars was contained, many economies including Singapore and China embarked on the multi-year economic expansion, fuelled by growing export demand and long delayed property booms.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Why it's Important:&lt;/span&gt;&lt;/strong&gt; The downturn is still fresh in people's mind.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-6429482784726617890?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/6429482784726617890/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=6429482784726617890' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6429482784726617890'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/6429482784726617890'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/2003-sars-and-iraq-war.html' title='2003: Sars and the Iraq War'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-5384952091720870200</id><published>2008-10-23T18:33:00.009+08:00</published><updated>2008-10-26T20:04:56.978+08:00</updated><title type='text'>2001: The Dot.com Bust and 9/11</title><content type='html'>&lt;a href="http://www.oftwominds.com/blog-photos/housing-tech.gif"&gt;&lt;img style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 297px; CURSOR: hand; HEIGHT: 366px; TEXT-ALIGN: center" alt="" src="http://www.oftwominds.com/blog-photos/housing-tech.gif" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;The Big Crash:&lt;/span&gt;&lt;/strong&gt; The rise of the Internet in 1995 heralded the creation of a completely new online market, which companies and speculators greedily bought into. But the pipe dreams dissolved quickly as newly listed start-up folded one by one, having spent and borrowed more than they could earn in time. &lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;Within a week in March 2000, the US Nesdaq lost nearly 9%. The Dow escaped the same fate until September 11, 2001 terrorist attacks, After which it suffered its worst daily and weekly losses to that point.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Recovery:&lt;/span&gt;&lt;/strong&gt; Western countries were worst hit, especially the European Union and the US, which went into recession. But the market rebounded permanently in 2003.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Why it's Important:&lt;/span&gt;&lt;/strong&gt; It's the most recent example of what happened when a bubbly tock market, pushed up by speculative activity, abruptly bursts.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-5384952091720870200?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/5384952091720870200/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=5384952091720870200' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/5384952091720870200'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/5384952091720870200'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/2001-dotcom-bust-and-911.html' title='2001: The Dot.com Bust and 9/11'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-959353244430234922</id><published>2008-10-23T18:04:00.006+08:00</published><updated>2008-10-26T20:03:35.865+08:00</updated><title type='text'>1997: The Asian Finanical Crisis</title><content type='html'>&lt;a href="http://3.bp.blogspot.com/_sNQiaIu_RYk/SQBSggDaDLI/AAAAAAAAADc/rrJmaTWvkE4/s1600-h/Asian_Financial_Crisis_EN.png"&gt;&lt;img id="BLOGGER_PHOTO_ID_5260295083082255538" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 308px; CURSOR: hand; HEIGHT: 302px; TEXT-ALIGN: center" alt="" src="http://3.bp.blogspot.com/_sNQiaIu_RYk/SQBSggDaDLI/AAAAAAAAADc/rrJmaTWvkE4/s400/Asian_Financial_Crisis_EN.png" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;The Big Crash:&lt;/span&gt;&lt;/strong&gt; Crushed under the weight of speculative attacks to its currency, the Thai government ended the baht's peg to the US dollar, causing the baht to halve in the value and the Thai economy to grind to a halt.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;This spread quickly to most of Asia as currencies buckled, stock markets crashed and assets price plunged. The Thai stock market dropped 74%, Hong Kong's fell 23%, and South Korea's loss 7% in one day. Asian economies went into recession, weighing own on global growth.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Recovery:&lt;/span&gt;&lt;/strong&gt; Despite help from the International Monetary Fund, recovery was slow and painful, and hit along the way by more economic shocks. But economies in the region finally got back on the growth track, boosted by a global boom.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Why it's Important:&lt;/span&gt;&lt;/strong&gt; Learning its lesson from the finanical crisis, Asia's government built up hefty reserves and may be in better insulated from the currency downturn.&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-959353244430234922?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/959353244430234922/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=959353244430234922' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/959353244430234922'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/959353244430234922'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/1997-asian-finanical-crisis.html' title='1997: The Asian Finanical Crisis'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://3.bp.blogspot.com/_sNQiaIu_RYk/SQBSggDaDLI/AAAAAAAAADc/rrJmaTWvkE4/s72-c/Asian_Financial_Crisis_EN.png' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-1397878251782572192</id><published>2008-10-22T22:58:00.007+08:00</published><updated>2008-10-26T20:12:09.221+08:00</updated><title type='text'>1987: Black Monday</title><content type='html'>&lt;a href="http://4.bp.blogspot.com/_sNQiaIu_RYk/SP9E20PjBDI/AAAAAAAAACQ/jbsWOe0hse0/s1600-h/Black_Monday_Dow_Jones.png"&gt;&lt;img id="BLOGGER_PHOTO_ID_5259998598319506482" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 363px; CURSOR: hand; HEIGHT: 336px; TEXT-ALIGN: center" height="305" alt="" src="http://4.bp.blogspot.com/_sNQiaIu_RYk/SP9E20PjBDI/AAAAAAAAACQ/jbsWOe0hse0/s400/Black_Monday_Dow_Jones.png" width="337" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;div&gt;&lt;span style="font-size:130%;"&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;The Big Crash:&lt;/span&gt;&lt;/strong&gt; World economies seemed healthy, but worries were growing about the widening US trade deficit and a rash of investigations into insider trading.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;A crisis of confidence hit on October 19, 1987 when jittery investors moved en masse out of stocks into safer bonds. Computers automatically cut their trader's losses by issuing such a large number of sell orders that the system lagged, causing mass panic as investors dumped stocks in the darkness before they fell by more.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;That day, the Dow Jones Industrial Average plunged 22.6% - the biggest drop in history - wiping out US$500 billion (S$742 billion) in a single day.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Recovery:&lt;/span&gt;&lt;/strong&gt; Trading was restricted in global markets and liquidity was pumped into the system. A fairly quick recovery followed, with the Dow Jones rebounding to its previous level within a year.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Why it's Important:&lt;/span&gt;&lt;/strong&gt; This was the first instance of computer trading systems contributing to such a huge loss, even though macroeconomic factors were instrumental as well. Also, despite the US stock market losing almost a quater of its value in a single day, no one really knows the exact cause.&lt;/div&gt;&lt;div&gt;&lt;span style="font-size:130%;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-1397878251782572192?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/1397878251782572192/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=1397878251782572192' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/1397878251782572192'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/1397878251782572192'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/1987-black-monday.html' title='1987: Black Monday'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://4.bp.blogspot.com/_sNQiaIu_RYk/SP9E20PjBDI/AAAAAAAAACQ/jbsWOe0hse0/s72-c/Black_Monday_Dow_Jones.png' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-1996836534309028269</id><published>2008-10-22T22:30:00.005+08:00</published><updated>2008-10-23T03:32:53.049+08:00</updated><title type='text'>1973: The Oil Shock</title><content type='html'>&lt;a href="http://4.bp.blogspot.com/_sNQiaIu_RYk/SP89ulY8flI/AAAAAAAAACI/SgU7tM8kkd8/s1600-h/800px-Oil_Prices_1861_2007_svg.png"&gt;&lt;img id="BLOGGER_PHOTO_ID_5259990760312045138" style="DISPLAY: block; MARGIN: 0px auto 10px; CURSOR: hand; TEXT-ALIGN: center" alt="" src="http://4.bp.blogspot.com/_sNQiaIu_RYk/SP89ulY8flI/AAAAAAAAACI/SgU7tM8kkd8/s400/800px-Oil_Prices_1861_2007_svg.png" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;The Big Crash:&lt;/span&gt;&lt;/strong&gt; The world's major oil producers quadruppled oil prices and announced on October 17 that they would no longer ship oil to the United States, its allies in the Western Europe, and Japan. This was partly payback for the US support of Israel in the 1973 Yom Kippur War against Syria, Egypt and Iraq.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;The surge in oil prices fed into all others of the economy, causing a jump in inflation and exacerbating a recession that was starting in the US. This led to the first instance of stagflation, which is when people are out of jobs but prices are stubbornly high - pretty much the worst thing that can happen to an economy.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Recovery:&lt;/span&gt;&lt;/strong&gt; Oil prices finally stablised in the late 1970s, only to rise to a new peak when war broke out between Iraq and Iran in 1981. But prices declined gradually again after that.&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Why it's Important:&lt;/span&gt;&lt;/strong&gt; The Oil Shock of 1973 is brought up as a warning economic fable everytime oil prices shoot up to a new records.&lt;/div&gt;&lt;div&gt; &lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-1996836534309028269?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/1996836534309028269/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=1996836534309028269' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/1996836534309028269'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/1996836534309028269'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/1973-oil-shock.html' title='1973: The Oil Shock'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://4.bp.blogspot.com/_sNQiaIu_RYk/SP89ulY8flI/AAAAAAAAACI/SgU7tM8kkd8/s72-c/800px-Oil_Prices_1861_2007_svg.png' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-7309451156407109516</id><published>2008-10-22T22:09:00.009+08:00</published><updated>2008-10-23T03:34:36.475+08:00</updated><title type='text'>1929: The Great Depression</title><content type='html'>&lt;a href="http://www.stokblogs.com/files/2007-01-28-dow-great-depression.jpg"&gt;&lt;img style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 400px; CURSOR: hand; TEXT-ALIGN: center" alt="" src="http://www.stokblogs.com/files/2007-01-28-dow-great-depression.jpg" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/div&gt;&lt;br /&gt;&lt;div&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;The Big Crash:&lt;/span&gt;&lt;/strong&gt; After the extravagance and excesses of the Roaring Twenties, the American stock market - up fivefold in five years - was getting shaky on speculative fears.&lt;br /&gt;&lt;br /&gt;Black Thursday came on October 24, 1929, when the stock market began to drop for real after a month of volatility. The market fell 40% betwen September 1 and October 31 and was down by 90% by July 1932.&lt;br /&gt;&lt;br /&gt;Widespread misery and unemployment followed, with a quarter of the American workforce out of a job by 1933. The world was plunged into a global depression which lasted 12 years until World War II.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Recovery:&lt;/span&gt;&lt;/strong&gt; War was declared in 1941, and the preparations helped bring the economy back on track.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;&lt;span style="color:#ff0000;"&gt;Why it's Important:&lt;/span&gt;&lt;/strong&gt; The worst depression the world has ever seen, the Great Depression, is still used as a benchmark for how far the economy can fall.&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-7309451156407109516?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/7309451156407109516/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=7309451156407109516' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/7309451156407109516'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/7309451156407109516'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/1992-great-depression.html' title='1929: The Great Depression'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-7910960275862889318</id><published>2008-10-21T22:10:00.010+08:00</published><updated>2008-10-26T20:05:49.846+08:00</updated><title type='text'>World in Recession 2008</title><content type='html'>&lt;a href="http://www.lehman.com/images/annual/2007/LBAR07_cvr01.jpg"&gt;&lt;img style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 314px; CURSOR: hand; TEXT-ALIGN: center" height="363" alt="" src="http://www.lehman.com/images/annual/2007/LBAR07_cvr01.jpg" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;div&gt;&lt;div&gt;I was talking to a friend from overseas regarding the recent finanical crisis and the looming recession that is about to arrive. I told her of a good article on the Sunday Times with regard to the history of the past recession. She had express interests in the article and I have thus reproduced the article for the benefit of all, including my son who will be working in the finanical sector in future.&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-7910960275862889318?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/7910960275862889318/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=7910960275862889318' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/7910960275862889318'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/7910960275862889318'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/setting-foot-on-indian-ocean_21.html' title='World in Recession 2008'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8530156080664731032.post-1467848353806685691</id><published>2008-10-20T19:35:00.016+08:00</published><updated>2008-10-26T20:13:16.525+08:00</updated><title type='text'>My First Entry</title><content type='html'>&lt;a href="http://1.bp.blogspot.com/_sNQiaIu_RYk/SP283XRgieI/AAAAAAAAABc/VRKOc0Y3hnw/s1600-h/DSC01733.JPG"&gt;&lt;img id="BLOGGER_PHOTO_ID_5259567599164885474" style="CURSOR: hand" height="241" alt="" src="http://1.bp.blogspot.com/_sNQiaIu_RYk/SP283XRgieI/AAAAAAAAABc/VRKOc0Y3hnw/s400/DSC01733.JPG" width="354" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Finally! I am glad I have got my blog up and running. I am still learning and experimenting the features in the blog.&lt;br /&gt;&lt;br /&gt;This is an advice I have given to myself:&lt;br /&gt;&lt;span style="font-size:130%;"&gt;&lt;em&gt;&lt;strong&gt;Be an island unto yourself&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8530156080664731032-1467848353806685691?l=cittalaya.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://cittalaya.blogspot.com/feeds/1467848353806685691/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=8530156080664731032&amp;postID=1467848353806685691' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/1467848353806685691'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8530156080664731032/posts/default/1467848353806685691'/><link rel='alternate' type='text/html' href='http://cittalaya.blogspot.com/2008/10/seveneleven-dairy.html' title='My First Entry'/><author><name>CITTALAYA</name><uri>http://www.blogger.com/profile/03008000972797930220</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://1.bp.blogspot.com/_sNQiaIu_RYk/SP283XRgieI/AAAAAAAAABc/VRKOc0Y3hnw/s72-c/DSC01733.JPG' height='72' width='72'/><thr:total>1</thr:total></entry></feed>
