Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
If you're looking at long-term nominal wage cuts (which I still don't support), you'll be looking at falling nominal rent levels as well.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Mon Feb 20th, 2012 at 03:02:11 PM EST
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