| With all due respect, but someone who: 1) lives in NYC and has no prospects of finding a job 2) thinks he may become a beggar when his savings are depleted in a couple of years is in NO position to be picky. It's not a matter of whether he wants to move elsewhere or not. What he wants is irrelevant. It's a matter of buying time and of bleeding off as little money as possible until the economy starts recovering. For instance, he could move to a small village in the Northeastern coast of Brazil, where a beach house can cost as little as $50,000. And let me tell you, I have NEVER met anyone who moved to Brazil and would rather live in that filthy, stinky, rat-infested metropolis called NYC... The guy has an MBA, so he should be smarter. NYC lost tons of jobs in the financial sector. Economies such as Brazil's are actually growing. It's simple: move to where the action is. His experience would perhaps be valued in some company abroad that needs to do business with American clients. Saying that the financial sector is dying was an hyperbole, but the sector is undergoing a huge transformation. A lot of tasks that were done by humans should have been done by computers. The crisis only triggered the inevitable. Again, I shan't shed a tear... |