Wada Blood - Winston Sills photos

Ask dancehall artiste Wada Blood anything about music and he can tell you at the snap of a finger but he struggled when he attempted to answer questions about the current financial crisis.

Nevertheless, he managed and was well aware of the damage the current economic meltdown had caused.

"The recession? It's horrible," he said. "Right now it's damaging everything and it has caused everyone in the world to worry," he said.

Jamaican market

Wada Blood, who is the son of reggae icon Junior 'One Blood' Reid, believes there is still hope for the Jamaican economy, even in light of the recent announcement of a new $5,000 bill.

"The $5,000? I don't like it. It only shows that the Jamaican market is going down. Everything will depreciate, $1,000 dollar bills will turn into (value) $500, and $500 into (value) $100, and so on," he said.

In one of their songs, Hustler 4 Life, the two brothers, Wada and Andrew Blood, said, "I got my mind on my money and my money on my mind." Wada believes this is the mentality people should have these days.

"It's going to be rough and it is going to be all about survival. People must have a serious mentality about money now. Don't squander it, but make the most out of it because it's getting scarce," he said.

Wada also believes if the relevant authorities could change the 'borrowing mentality', then the country would be in a better financial position.

"Jamaica borrows so much money, when you look at it, we not even own ourselves. So when the Americans and Europeans in their own financial crisis, it gets worse on us, because we depend on them so much. But with strong support and smart thinking, I think we, as a country, can get over that bad debt we are in," he added.