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Real Wages Now Falling; Is this how it ends?
Topic Started: 19 Feb 2014, 05:48 PM (7,688 Views)
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szokolay
22 Oct 2014, 01:26 PM
get out of investment property while you still can
said bears from 2003 - present.
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Sydneyite
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Guest
22 Oct 2014, 06:31 PM
Firstly the thread is about,'real wages falling'. :bl:
Is there an echo in here??? You know that "this thread is about wages rising, but not as fast as CPI" means the same thing as your statement - it's just a less deceptive / confusing way of putting it.
For Aussie property bears, "denial", is not just a long river in North Africa.....
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Sydneyite
22 Oct 2014, 09:52 PM
Is there an echo in here??? You know that "this thread is about wages rising, but not as fast as CPI" means the same thing as your statement - it's just a less deceptive / confusing way of putting it.
So you had no argument when shown coca cola wages dropping by 38% for new workers now doing the same job, or that a two year pay freeze on current workers is wages not dropping either.

Thats' real' wages dropping 38%,but if your a bull,that does not count

Wages are falling , in real terms, in nominal terms, in inflation adjusted terms.

They are falling

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http://www.afr.com/p/national/cfmeu_agrees_to_slash_wages_in_wa_vkJaFBgGOKzfbg9CQOQIxI
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Thatguy
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Trojan
22 Oct 2014, 02:48 PM
I thought it was pretty evident.

Eg.
Wages rise 1%, inflation 2.5% but mortgage on my homes stays the same
So real wages fell 1.5% and real mortgage fell 2.5%
You're just playing with me, right?
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Trojan
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Thatguy
28 Oct 2014, 03:19 PM
You're just playing with me, right?
No more than the OP title that real wages are falling.
Personally, I prefer the title of "Wages rising, inflation rising quicker but still easier to pay off existing loans which remained the same"
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Emmanuel
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Trojan
29 Oct 2014, 10:53 AM
No more than the OP title that real wages are falling.
Personally, I prefer the title of "Wages rising, inflation rising quicker but still easier to pay off existing loans which remained the same"
That's so true and thank you for your prism. Yes, wages can fall but existing debt obligations are going nowhere, so there's nothing to fear. This is all primed for those of us with skin in the game.
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Trojan
29 Oct 2014, 10:53 AM
No more than the OP title that real wages are falling.
Personally, I prefer the title of "Wages rising, inflation rising quicker but still easier to pay off existing loans which remained the same"
Should be wages falling in nominal terms .

A 38% drop to do the same job is not a nominal drop.

How long do we need to put up with the delusion here.

Wages are falling in all western economies for the first time in history. Jibber what ever you want, does not change the facts shown.

All part of the cycle no doubt...The new cycle....
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