Sunday, October 12, 2008

Watching heaven fall (2)

Less than a month after seeing the closure of heaven and earth on September 15, people across the globe are currently witnessing yet another lifetime phenomenon, that of the falling of heaven.

The way global investors in great panic scrambled out of the stock markets in the flight to safety last week looks as if heaven is falling down, does it not?

The status quo of human nature remains since time immemorial. Humans rely on their basic instincts of survival and run for cover fleeing to safety whenever there is pandemonium on earth.

In such times of crises, the West talks about the phenomenon of the sky falling out, while the Chinese call it, heaven falling.

Within the week ended October 10, the Japanese, Russian and Indonesian stock markets had fallen 20% or more. The Russian and Indonesian markets were temporary suspended to stop the incessant selling down of stocks. Many other stock market indices across the world including the Dow Jones plummeted 10% to 20%.

Trillions of US dollars in value have simply disappeared from the global stock markets in the cascading falls commencing from September 15 just when Tao has receded all under heaven.

Repeating history, like what the Japanese people did in the early 1990s, the Americans have resorted to buying safes (sales of safes have shot up by 44% in the USA, the last couple of months according to online news reports) to keep cash at home rather than putting their trust in banks or relying on the government to look after their hard earned money. This says a lot, doesn’t it?

If you really think that the Japanese and Americans are rather silly or that the investors fleeing to safety have completely lost their minds, you could be the one fooling yourself and/or had been acting like an ostrich amidst this falling of heaven.

Hunker down, batten the hatches, like the able man withdraw into the dark for safety and security as advised by the Zhouyi before it is too late to do anything.


Readers are again reminded that they are solely responsible for their own actions or non actions.

1 comment:

Anonymous said...

Mr. Lian, it sounds as if the market recoveries around the globe will definitely be temporary...?