I lived in Poland from 2007-2011. Since I moved there in 2007, the average salary has gone up how much? 5%? 7%? at all?
It increase something over 5% last year
President of Central Statistical Office of Poland has announced that average gross wage in Poland in the first quarter 2012 was PLN 3646,09
Its increased around 4% to 5% per year
People don't really grasp numbers half as well as we think because we don't use our imagination and sense of reason to project possibilities and ask questions with them.
True, basic compound growth is beyond the vast majority of people.
And this is with USD high,now do the count with USD at 2008 level of 2.1 (which is coming soon).
Exchage rate fell from 4.5 to 2 within a decade. Not theory, it happened. Only world economic disaster stopped the trend.
Can you honestly say that my in-laws can expect to earn at least 10,000zl/month net combined.....in 7-10 years? Do you know how hard they'd laugh if I called them up and told them that today?
This is fairy tale stuff, weg.
Basic maths, economic reality and a quick look at history makes it certain.
You are the one living in a fantasy land.
BTW, average monthly wage in 1990 was what, $20? Which is about 70pln. So its risen 50 times in less than 25 years
Wage growth from 1996-2008 from 300% to 467%.