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Banks are failing, consolidating and disappearing on a regular basis, the banking world is consolidating and jobs are being phased out, maybe yours. As one behemoth banks gobbles down another the economies of scale raise their ugly head and entire departments are eliminated.

So if your job was to vanish, your good banking job, what would you like to do? Would you reinvent yourself, would you go back into banking? What would you do?

We’ve now swung from the job worry times when India outsourcing was all the rage to a time when there are fewer bank jobs to even outsource. I wonder how many of those bank employees that are soon to find they don’t need to put their pants on each morning to go to work will stay in banking or turn to other careers?

Banker one day and then e-procurement or reverse auctions expert the next. Rough economic times should give in banking pause to remember that it is easy to become the person on the other end of the phone being called by the bank for payments. All it takes is a sudden and unforeseen economic crisis like we experienced in September, 2008.

Be thankful for your banking job, it could easily be gone tomorrow.

In the debt advice world, groups are getting more calls from worried bank employees who are now facing downsizing and layoff with the contraction of banks.

Even the very same bank employees that were responsible for carrying out bank policies, now find themselves on the opposite site and looking for home equity loans and home equity line of credit to help make ends meet. And rather than be wise shoppers for mortgage interest rates, when you are desperate they don’t care about the rate, just the ‘yes’.

So easy is it to slip from one side of the valley to the next. While bankers are pursuing what they believe to be their ethical pursuit of profits first, I wish there was a way to also inject some amount of reality and humility into their vision for today in the banking world you can have a job one day and your bank can fail the next.

I’m not sure if there is value in remembering that old adage that what goes around, comes around, but it’s true and my banking friends need to remember that.