for the uninitiated...

This is poetry composition 101.

I write one line and explain in ten lines [for my Telemachus]

"I did not realize that I carried more monkeys on my back;"

So there is this story of a monkey who dips into a bottle of peanuts, OK? And then, it fills up its fist with peanuts; now, with the fist full of peanuts (a fistful of greenbacks?)

Oh well, the monkey cannot pull her/him fist out of the bottle.
The moral of the story is: We are humans. Drop the peanuts and shake your hand off the bottle.

But how does that figure in this line? Let us say there are two monkeys trying to get out of this bottle-neck situation: let us say you feel for them; then, unless you know how to speak with them you cannot say, dahling, let go of the peanuts.

That was the ten-line paraphrase for tele0.

The following line needs no explanation:

"it is now time to say it all (oh yeah, other people are watching):"

The following might need explanation, but I am not in the mood to provide it:

"there exists, in the northerly direction, in the godly presence [once known as himalayas; since gotten into bad repair] someone praying for a 7-life promise of happiness"

OK, whatever you say, my own Boswell? Explicating mine own lines;
Did not kalidasa cry not to be in a trap where talent is shortchanged?

"there exists one who prays, who dreams; who preys: shivji, the yeti.
aka sankara