You forgot falling wages in real termsRising cost of living in...

  1. 17,376 Posts.

    You forgot falling wages in real terms
    Rising cost of living in real terms ( except for the box of cereal and the kilo of mince the government uses to calculate the CPI)
    Rising bad loans for the banks.
    Rising household debt, the highest on the planet now.
    Falling property prices.
    Falling building starts.
    etc etc etc.

    I think it was 2015 when the banks topped out. Now they are down around 28 - 30% and only staying there because of buy backs and government intervention imo. If the banks let their divi's fall much further people wont put their money in them. The banks are assured to fall further as the property market deteriorates and SP and divi's along with them.
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