This is Mr Lincoln Augustus, first second cousin of Holymagiman
I believe that Holymagiman has been saying from January this year that the worst is over and better days are to come.
A most interesting call and a most thought provoking one from my most illiterate first second cousin, perhaps done in the haze of another Jamaica Numba One or perhaps reflecting a voice that he sometimes hears in the depths of his brain. In either case, a brave, if not rash, call.
But it seems to me that the fat Chinese lady has stopped her singing, as she had to at some time or another.
The markets are led by fear and greed and whichever one takes over takes over well. That is an indisputable fact, written in stone.
And just as lemmings rush headlong to the sea, so do the investors, the economists, the Reserve bank chairmen and all others. For are they all not just human, mere mortals with knots in their bellies and naught in their brains. And when the flames kindle their tails, they know only to flee in fright, taking all and sundry with them.
They forget that when wiser counsel was proffered to them just a year earlier, they chose to ignore this, so swollen were they with their own hubris. So they unfurled their sails and set sail into the eye of the tempest to learn what there was to learn.
And what a lesson they have learned, a lesson so indelibly imprinted into their minds that they cannot see the winds of change that are gently blowing by now.
The fear that has swamped the market has taken its toll, the cheats and charlatans have been prised from neath their damp little rocks and the regulators who failed to regulate stand before you in their naked damnation.
And yet the world must go on, things have to be bought, things have to be sold, and life must carry on, albeit at a lesser level for some, for all humanity has not come to an abrupt state of inertia due to what has happened.
And the pumps are being primed big time, with billions being hurled into the wind in a state of panic. The very opposite of what Holymagiman was calling in November 2007.
And so he feels that the worst is over and that the markets are right there bumping along the bottom like an anchor waiting to be lifted. And who am I to argue with the visions wavering in the smoke which call out that the directions of the wind have changed.
But it is late here in Kingston on a balmy Sunday night, the weather is just fine and I'm off to partake of some Red Stripe and a Jamaica Numba One with Holymagiman and Uncle Tobias.
May the blessing of the good Lord be upon you. MLA
