I cannot argue tonight, I am just on my way out. But it maybe worth listing the alternates to the finance industry. Yes I agree that its income has proabably been too good over the years and has created massive inflation and the building trade to go into over-drive hence the high cost of housing etc.
But what alternates are there in Jersey? Agriculture and horticulture are driven down by European competition. Tourism has been driven down by basically cheaper and warmer places to go. We have no diamond mines, there is no gold in St Peter's Valley etc etc.
What else could Jersey provide to bring money in? I will leave it with you.
I think your forgetting that there is a global banking problem, and that most likely all jobs in Jersey finance would no longer exist, had they not been bailed out.
We need to be thankful to the UK & US taxpayers, not financial companies, they are the ones who have been saddled with the banks' debts.
Finance does not provide food and shelter, it simply shunts money from one place to another. You can't eat that.
Finance is totally dependent on industry, and every type of business which provides tangible goods and services. Not the other way round!
