Whenever Jim Rogers would rant on TV about “29 year-old Investment Bankers driving Maseratis” and commenting that farmers will be driving the Maseratis in the future as investment bankers lost their jobs, the host(s) of whatever show he was on would laugh (watch the video linked to my article HERE).
Who’s laughing now? ARTICLE
Apparently, according the the Wall Street Journal, thousands of specialized traders and financial types are having trouble finding a new job after being laid off. One fellow featured in the above-linked article is waiting tables now at the restaurant he used to dine at.
One more thing Jimmy was right about. If you were wise, you’d use the search box and watch all the Rogers’ videos i have linked to this site and learn something.