The drop in financial assets is not only confined to the industrial countries but also extends to the emerging market economies whose financial deepening has largely ground to a halt. This means fewer market players, fewer employers, fewer transactions and ... connect the dots ... possibly fewer employees. Skills deficit and a smaller global financial system mean your skills need to be constantly sharpened.
I’ll give you another example of why “today you are in, but tomorrow you are out”, which cements my lifelong-learning-sharpen-your-skills message. In a classic case of “revenge of the nerds”, technology is rapidly redefining the way financial institutions compete, do business and interact with their customers.