Fed up with market crisis? Here’s one broker who left it all behind

October 1, 2008

Traders at New York Stock Exchange, 3 April 2008/Brendan McDermidFed up with this market crisis? Looking for a change? Take a look at how one former Nasdaq broker got away from it all:

Brother Nikanor, a Nasdaq broker turned monk, advises former colleagues to put a jar with soil on their desks to remind them where we are all heading and what matters in life.

As western banks fold into each other like crumpled tickets and commentators portray the current crisis as the last gasp of modern capitalism, Hristo Mishkov, 32, shares the pain — and offers home truths.

“Many people… in the world do not realise that they have not earned the food they eat, that they take without giving. But if someone consumes more than they have earned, it means someone else is starving.

Brother Nikanor at Tsurnogorski monastery, 1 Oct 2008“It is right to see people who consume more than they deserve shattered by a financial crisis from time to time, to suffer so that they can become more reasonable.”

The whole feature ran on the Reuters wire today.  Read it here.


We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/

Maybe Congress should vote to send jars of soil to Wall Street as the bankers and finance workers there are obviously way too busy making and losing money to dwell on their mortality and just throwing more money at them is more likely to blind them to other harsh realities of life and the concept of social justice.

Posted by desik | Report as abusive

The problem is that the people suffering are not the people on Wall Street..They have massive nest eggs and/or golden parachutes…Every normal American is starting to suffer now…I own a small Cabinet business, and as of last week consumer spending/confidence has just collapsed…Retirees have lost their life’s savings and now have to rely on Social Security alone…This is not right…Something has to be done to take care of this problem….

Posted by Rob | Report as abusive

I’m not happy with the Republicans! They’ve got no
backbone. This banking situation should have been
investigated before the bill was signed.
Our Family has NEVER taken advantage of our government!
Yet we have to pay for all “the thugs” who live off the
government because they’re too lazy to work. God help
us! How can we, the honest people, ever get ahead?

Posted by Annie | Report as abusive

Annie: If you can’t beat them, join them! Being a father of 4, hard working family man it truly sucks to only make enough too pay the bills. If I could get support from Uncle Sam to help with groceries, or free education I sure would! It seems the only way to get ahead these days is to seek help from other sources, but it’s getting harder and harder. I don’t see a problem with people on the system who really need it- what I really see a problem with are these illegals who come here and get EVERYTHING handed to them.

Posted by bob jones | Report as abusive