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I guess so far the money they are making is worth the pain. You can only hope that they will make working conditions even worse so less people go into investmen
by spaetzleesser 6y ago
I guess so far the money they are making is worth the pain. You can only hope that they will make working conditions even worse so less people go into investment banking. The financial sector is way too big as a part of the economy and you can only hope that people will go into sectors of the economy where they actually provide value for society.
There were less people in that sector they would have less time to cook up derivatives on top of derivatives on top of derivatives that will probably blow up the economy soon again. Of course we will bail them out again too.