European Tribune

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(I psoted this in the OT thread on that article, but it's worth crossposting here)

The thing is, when you're a trader or an investment banker, you're no longer looking for a cosy one-bedroom appartment, you're suddenly looking for what your peers have, or claim to have, or would like to have - a bigger appartment, in a nicer neighborhood, with all the bells and whistles. Then that income suddenly seems to be insufficient.

The thing that's striking with more money is how easy it becomes to get used to a higher standard of living, when your income increases, and how "unpleasant" or "inconvenient" - or even, "unacceptable" - it is to settle for less than you've become used to. People seem to forget really easily how they managed 10, 5 or even 2 years ago.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Mon Aug 4th, 2008 at 07:17:36 AM EST

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