The money being put into the banking system is a drop in the ocean in comparison to the tax revenue they provide to the exchequer and the economy as a whole.
The banking industry accounts for something like a third of our economy.
It is (or was until very recently)one of the few (if not the only) remaining industries in which we are at least as good as the rest of the world.
moaning about the money they earn is the politics of envy,the British disease. If its as easy to make a fortune as people think,why dont these people go and do it.
You will need to be prepared to be working at home at near midnight,to deal with people in the U.S. markets and then get out of bed before 6.a.m. to get back to the pressure cooker that is the office.
I have heard of 3 traders in their 20,s in the last couple of years who have jumped off the top of those tall buildings,primarily because the pressure was too much to bear. you dont hear of mechanics doing that after a bad day changing a gearbox do you.
Author
Topic: 700 Billion dollars. (Read 3524 times)