Different Perspectives

Thank you zero hedge, I actually was surprised!

Don’t Be A Banker In These European Countries

As everyone knows, the only reason to become a banker, and be subject to constant derision, abuse, scorn and hatred by the “99%”, and potentially to a fate comparable to that of the aristocracy in France circa 1789, is a simple one: money.

Specifically, get as much of in as short a time period as possible, be rewarded with a taxpayer bailout or two when massive bets go epically wrong, then convert all your cash into “hard assets” and escape to a non-extradition country before the latest credit bubble pops. In other words, a simple opportunity cost analysis.

Which then begs the question: why are there bankers in the following European countries: Slovenia, Romania, Malta, Lithuania, Estonia, Czech Republic and Bulgaria. The one thing these countries have in common is that according to a just released European Banking Authority study, in the year ended 2011 not a single domiciled banker made over €1 million!

In other words: bankers working for feudal peasant salaries. What a scam.

That said, we would be quite cautious if we were among the two Greek bankers (up from 0 in 2010) who made over €1 million in Greece.

We would also be cautious if we were among the 4 millionaire bankers in Cyprus or the 21 rich members of the 1% oligarchy in Ireland.

We would certainly be cautious if we were among the 96 banking millionaires in Italy (down from 119 the year before) or the 125 Spanish millionaires (down just a fraction from 133 the year prior), especially since the average remuneration per millionaire banker in Spain was €2.4 million: the highest in all of Europe!

So now that we know where not to be a banker due to lack of “equitable remuneration”, or where it may be hazardous to one’s health, the question is: where should one be a banker?

Well, as observant readers may have noticed, the chart above cuts off the UK as it would otherwise be off the charts.

How much off the charts? This much.

Full EBA report

http://www.zerohedge.com/news/2013-07-15/dont-be-banker-these-european-countries
____________________________________________

Advertisements
About

Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz

Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Freedom-Expressed

Please Contribute a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 370 other followers

The Worldwide Awakening
Peaceful Awareness & Knowledge Based TransitionSeptember 11th, 2017
Exercise freedom and creativity for all Earth’s inhabitants to explore ready breakthroughs in Self Organizing Communities, economics, and technology. This is a D.I.Y. project
State Sponsored Terror
The Big Day ReportMarch 30th, 2018
Institutions of crime Big days have come, gone, and come again (Manipulations: Market Exchanges crash, wars, government Elections, and Taxation). Search for what is hidden and for what is not spoken. What secrets are hidden in Antarctica? Be Aware of the next big Day for fraudulent institutions.
RonMamita
Peace Today

Peace Today

RonMamita’s Blog
July 2013
S M T W T F S
« Jun   Aug »
 123456
78910111213
14151617181920
21222324252627
28293031  
All posts here
Whole-Community
Audio coming soon!
%d bloggers like this: