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Buddha Maitreya is the Buddha of the future, also known as the Laughing Buddha, is the one to follow up the historical Buddha Sakyamuni. He waits in the Tusita heaven for the moment he is to appear on earth as the Buddha of the fifth world cycle. At present he is considered as one of the dhyani-Bodhisattvas, the creators of the universe. In the future he will be like Sakyamuni, a mortal manusi Buddha who lives on earth for a while in order to teach mankind the doctrine. Maitreya, 'the loving one', is widely worshipped in the Himalayan regions.
Shakyamuni Buddha predicted that due to the inevitable degeneration of the times, his own teachings would last just five thousand years before disappearing from this world. People will grow more and more immoral and their lifespan will gradually decrease, as will their health, stature and fortune. While such delusions as miserliness, hatred and jealousy gain strength, the world will go through prolonged periods of famine, disease and continuous warfare until it eventually.
Oṃ maitri mahāmaitri maitriye svāhā.