You Can Not Reason With a Tiger When Your Head Is in Its Mouth Quote
You Cannot Reason With A Tiger When Your Head Is In Its Mouth
Pix Source : The Independent Britain
The quote above is by Winston Churchill, Britain'due south controversial but brilliant Prime Minister in the darkest menstruum of his country during WW2. This was especially important every bit though Churchill had very questionable qualities as a person and highly unpopular, his steadfast and unbending spirit helped his countrymen win the war alongside the Brotherhood.
What has this got to do with our country'southward political turmoil? In times of swell crisis like the Covid-xix pandemic, a land requires strong leaders who are confident, courageous and wise to safeguard the welfare of the people. Similarly, when the stock marketplace is going through a massive selloff, just the nearly calm, collected and wise investor tin can brand full use of the opportunity.
Information technology is August now, for many months, I have written countless commentaries and articles warning about "overly optimistic" forecast by certain inquiry houses on our country's economy recovery. I also highlighted that the Gdp growth forecast of 7% for our country is perplexing. It was not because I am existence contrarian but because underestimating the seriousness of the crisis is reckless.
In addition, when y'all have a bloated Cabinet made upwardly of incompetent leaders who are not working cohesively together with the same mindset, merely tied together due to political interests, these bunch of leaders will non put the people'southward interests first. I forecasted that the stock market would go through a 10% correction from the peak in 2022 to 1515. Every bit of last Friday, the index is hovering at 1505. Come this week, it would be the 4th fourth dimension our country has changed regime in iv years. Under such circumstances, how tin anyone be optimistic with the economic performance of our country, what more the stock market? As we are at present on the cusp of another change in the Authorities, it is my agog hope that this would be the last time earlier a full term election.
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"Besides, if the new ruling Government can be one which puts the people's interests first, then I am certain this would be the lesser for our economy & also the stock market.
The new ruling Regime if able to perform well, it will likely exercise well in the next Election besides. So, if this latest political turmoil caused a selloff in the coming days, information technology may provide a window for collection of good companies for the long term provided the new Government lives up to expectations.
Winston Churchill said the to a higher place quote when he refused to negotiate with Nazi. He said gave the said advice to Russia's leaders. In the current political context, negotiating from a position of weakness usually ends in futility. The only way the new Government can be one that is satisfactory to all political forces would be if the negotiation is led by one coming from position of power, and those political forces which accept the upper paw is willing to be magnanimous to those who are weaker.
I look forward to a positive resolution and hopefully information technology is i where the people'due south mandate & interests would be respected.
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Author of "Once Upon A Time In Bursa", please click MPH Bookstore / Popular Bookstore / Shopee
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