Read this morning in the ET that Deutsche has offered over 1.44Cr plus at the IIMA placement. The IBankers and Consultancies have gone back to the pre 2008 pay scales and are making big offers once again. As we speak, he Greek debt crisis is spreading from Greece to Portugal, Spain and Italy where Government debt and budget deficits are high while the Eurozone controls do not let them print new money. Getting out of the Euro union might lead them the Argentinean way with massive outflows.
These Companies might argue that the way back into growth is to go back to old ways and recruit new people but I wonder if they ever think of the "real" wealth creation or do they only want to see the world as a place for complex financial structures.
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