Showing posts with label analysts. Show all posts
Showing posts with label analysts. Show all posts

Metamorphosing Professions

A tailor had lots of work in the good old days. He was much in demand, because machines had not 'learnt' how to make clothes by themselves. So he used to make you wait, first for measurement-taking, and then for fitting, and then for delivery of the promised liverie (if that's the right word).

The ironing and buttoning of clothes would invariably be in progress on the promised day, and you would have to cool your heels waiting for the stuff to make an appearance.

I am not sure what these guys are doing nowadays. Probably working like machines in one of those factories which mass-produce the stuff. Only emperors must be able to afford them to get their 'new clothes' stitched, I suppose.

Similar is the story of other professions. The only guys who have prospered are the guys who deal with the yellow metal, I presume. With skyrocketing demand (at least in India), their stock must be rising (pun was unintended).

Stock analysts, on the other hand, despite attempts to wreck the world economy fairly successfully, are in constant demand and expound on the virtues of this stock or that based on 'expert analysis'- taking us towards the next (inevitable) crash. Because what's made of paper, can have only so much value for so long. The mighty Pounds, Dollars and Yens will one day find themselves in the dumps. Like their older counterparts.

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