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My niece embodies this trend.  Four years ago, at the hight of the building boom, she was a Director of an Archaeological firm employing hundreds doing digs around the motorways and other developments sprouting up everywhere.  Then the business collapsed and she was one of the last to leave, did a master in Project Management, part time, and is now employed by a financial services company in Frankfurt.  Another Niece is in Scotland, a nephew in Australia, both my daughters are considering their options abroad.  I hope they leave the lights on for me!

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue Jan 25th, 2011 at 10:56:36 AM EST
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Frank Schnittger:
she was a Director of an Archaeological firm employing hundreds doing digs around the motorways and other developments ... and is now employed by a financial services company in Frankfurt
Is there any hope of halting, let alone reversing, the progress of financialisation? Note she moved to Germany but not to be part of the famed "exports base" of the German economy but to join the parasitic sector (said from a parasite to another parasite).

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Tue Jan 25th, 2011 at 11:42:27 AM EST
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Her firm is a small firm (8 employees) specialising in micro-financial support of small development projects in Latin America - so the term "financial services" is quite broadly applied in this case.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue Jan 25th, 2011 at 12:17:57 PM EST
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It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Tue Jan 25th, 2011 at 05:35:26 PM EST
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I'd get a wind turbine only the national electricity utility would insist I supply them with power for free... there are no feed it tariffs


Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue Jan 25th, 2011 at 07:52:08 PM EST
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