Don't need to tell me, I was on Wall St. on Black Monday 1987, and I worked at Drexel, Burnham Lambert. I've seen crashes and recessions up front and personal - this has been and continues to be something else.
Maybe there's a graduated sine wave curve chart to show this, with the less frequent and shorter blips 30 years ago followed by more and longer blips up to present date.
I still say Finance will not come back to what it was in my working lifetime, and maybe longer. Dying doesn't mean dead, but all those jobs that were lost over the past 5 years, and as this continues, they ain't coming back anytime soon.
I would really like to know how many people were employed in Finance from the 80s to present day, by location.
Hey, I hope I'm wrong, most of the 80s and 90s were fun.
I do hope another industry comes in to take its place and kicks butt, say in the States, rebuilding the archaic infrastructure to bring it up to par with most of the rest of the world. Or HSR.
Sergei82 wrote:In 2008 everybody was talking about dying finance as well. Not dead yet. Not the first, not the last recession.