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The Banks are booming. At least that is how it would feel if you worked for an investment bank. As a shareholder or pensioner relying on bank dividends and share price growth you may feel otherwise. Meanwhile engineers, scientists and in fact anyone who does anything useful for a living may be feeling poorer than ever: Design engineers and research scientists are now often earning less than 'back-office' admin staff in investment banks. I semi-retired from the silicon chip design industry (I am now an independent consultant) a few years ago and we too had our own boom and bust"
KEEP READING: A Tale of Two Industries: Banking and Everyone Else
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