Last month when I heard the word “mayhem” with respect to the share market, instead of checking the SENSEX I checked dictionary. Though I knew the meaning of Mayhem (thanks to my preparation for GRE, when I learnt a lot of English words). I am sure many would know the meaning of the word.
I had always related the word Mayhem to violence. Is the share market drift up or down a mayhem? Is it not extending our imagination and making share market swings more important than the actual violence around us? For me Mayhem is what is happening in Syria. What has been happening in the name of religion, what is happening around man-made borders of the nations, man-made mental borders (barriers) around ‘my religion’ is better than yours and ‘my belief system’ is better than yours. Have you seen the photographs of Aylan Kurdi? A 3 year old kid who drowned. Those situations are mayhem and not the perceived value around stocks rising and dropping. These perceived values or more valuable to us than the actual values of human life!
Those who can pour in their comments about ‘collateral damages’ or ‘life ends one day’ – The teachings of the Buddha about impermanence. Please understand two things – 1. This value of stocks you value and are defending right now, is also impermanent and 2. yes our life is limited (in human form), but it does not give anyone the freedom to kill someone else, which ISIS is doing selectively. All these are man made problems (stock value or terrorism), solution too has to be from us.
“This too will pass” – No judgement its all about perception. Please apply this not just on the false causes you are fighting (for example ISIS or the terrorists) for or valuing (share market) too much. Some day or the other we will see correction in the values of stock (check image above, 2008-2010, it will keep on repeating at different levels). Are we sure we are going to see appreciation (correction) in the values of our Morales? Our defining one event as “Mayhem” and the other as a twitter trend and moving on? Are we really working towards solving such issues as Terrorism?
would we please call a right thing “Mayhem” than a share market correction, which is driven by greed and blind following (technical analysis / algorithmic decisions) rather than fundamental position of economy.