wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages«<234
pessimisim cannot take us where we want
BAAK
#31 Posted : Thursday, March 26, 2009 11:13:00 AM
Rank: Member

Joined: 8/27/2008
Posts: 70
Once upon a time&hellip;there was prolonged dry spell in the land beyond the seas&hellip;and one young man called Ekwe was a water vendor&hellip;used to draw water from a well and sell to others&hellip;As others cried for rain to come,Ekwe would wish that the dry spell persists&hellip;so he continues to gain&hellip;.His wish was granted&hellip;albeit for a moment&hellip;but soon all the wells dried up&hellip;.and he perished&hellip;as he had not known how to survive in a famine like the others&hellip;

Shortly thereafter there was abundant rainfall&hellip;and everyone had more than enough for themselves&hellip; Only if Ekwe had known &hellip;he would have joined with others and prayed / hoped for rain to come&hellip;that way he would have switched to farming once the rains started and would have survived&hellip;

Ekwe in this case was the pessimist&hellip;.So decide who you want to be at this point in time.....
skatotsi
#32 Posted : Thursday, March 26, 2009 3:48:00 PM
Rank: Member

Joined: 8/20/2008
Posts: 16
@BAAK

Dear skerian,i admire the vigour in your stories,but I think you miss the point and the story as well! Maybe the dots mean that we need to read in berween the lines but the much known story goes like this:

Once upon a time there was a prolonged dry spell in the land beyond the seas and one young man calles Ekwe was a water vendor who used to draw water from a well and sell to others. As others cried for rain to come,Ekwe,who inherited the well from his father,who in turn had inherited it from Ekwe's grandfather also called Ekwe,would use the well with wisdom in such times of famine,as he was taught over and over by his ancestors,he would advise the people if his land to be careful in using this precious commodity and to save some for tomorrow,coz we never know.

But the people would not listen and would just continue prayng with no avail and using the water as if tommow will rain. Ekwe instead,knowing his well inside out,saved enough water for himself and his family and so when water got finished in all rhe wells,people perished,other ran away never to come back,other persevered. Finally rain came,and a slow return of people old and new was witnessed by Ekwe,who's well was blessed with water all over again.

Who's the pesssimist?


Mors Tua,Vita Mea. (latin)
jerry
#33 Posted : Monday, March 30, 2009 5:35:00 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
@BAAK,Prayer alone without action will achieve nothing. You've assisted many through this thread even those speculators(optimists) that never knew themselves. Speculators: there are pple who believe that the situation will not last forever! Remember change is always a constant. Now go to your broker and instruct him/her appropriately. No fundamentals at the moment but keep vigil for change.

Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land.
The opposite of courage is not cowardice, it's conformity.
jeffsmith
#34 Posted : Monday, March 30, 2009 10:58:00 AM
Rank: Member

Joined: 10/30/2008
Posts: 5
I guess assessing the role of confidence is really tricky after all. I'm pretty sure that it is highly unlikely this down turn is entirely due to the pessimistic consumers and citizens,or even pessimistic business people. Keynes was of the view that pessimism could cause recessions...in any case though,we cannt deny that we have a problem.

Its more of a cause and effect scenario. The condition of the US today is the outcome of unhealthy financial decisions taken in the past.What's important is that in the overcoming of this recession we will can see the creation of a new culture of financial discipline.

What i always like to emphasize is that every recession has opportunities.
The bottom line i think is that restoring the confidence in the market is the current biggest challenge before all the governments around the world.

My Broker AVAFX Helps Me Develop As Forex Trader.
obiero
#35 Posted : Thursday, August 11, 2016 7:07:54 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,224
Location: nairobi
throw back thursday

4 Pages«<234
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.