Ye olde ot-forum games bar and tavern (place for ooc discussions)

  • We have updated our Community Code of Conduct. Please read through the new rules for the forum that are an integral part of Paradox Interactive’s User Agreement.

Capt. Kiwi

Nights? Warm. Days? Young.
52 Badges
Jan 22, 2009
1.527
361
  • Semper Fi
  • Hearts of Iron III: Their Finest Hour
  • Heir to the Throne
  • Impire
  • Iron Cross
  • Knights of Pen and Paper +1 Edition
  • Magicka
  • Majesty 2
  • Victoria: Revolutions
  • Rome Gold
  • Hearts of Iron II: Armageddon
  • Sengoku
  • Ship Simulator Extremes
  • Sword of the Stars
  • Sword of the Stars II
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • 500k Club
  • Humble Paradox Bundle
  • For the Motherland
  • Cities in Motion
  • Crusader Kings II
  • Crusader Kings II: Charlemagne
  • Arsenal of Democracy
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic
  • Crusader Kings II: Sons of Abraham
  • Crusader Kings II: Sunset Invasion
  • Crusader Kings II: Sword of Islam
  • Darkest Hour
  • Deus Vult
  • Europa Universalis III Complete
  • Divine Wind
  • Hearts of Iron III
  • For The Glory
  • Crusader Kings II: Conclave
  • Crusader Kings II: Horse Lords
  • Crusader Kings II: Way of Life
  • Mount & Blade: With Fire and Sword
  • Crusader Kings II: Reapers Due
  • Mount & Blade: Warband
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Holy Knight (pre-order)
  • 200k Club
  • War of the Roses
  • Victoria 2
  • Teleglitch: Die More Edition
  • Europa Universalis III Complete
That's completely true and why the average income is considerably lower than the average wage (for instance people on early retirement only make around 35k USD a year).

Please provide a source for that, because in my experience working people most certainly wouldn't want to make due with that even if it's free. (Unless they're one of the few making around that or less.) Though anybody on benefits of course would be thrilled to get that.

You mean that it's better because it accounts for the entire population? I can see that and also do agree---to some extent. When you're talking about wages then it isn't really useful.
And anyway I was talking about the average wage all along and that is the ~67k USD a year (39k DKK a month) I mentioned earlier.

By the way the average income is expected to steeply rise in coming years. The reason being that women are fully on the work market here and have been since the 60s/70s. Hence what's pulling down the average income mainly is retirees (there aren't that many students, disabled people, teenagers over 15, etc.) and since 1990 it's been mandatory for people in the private sector to save a significant percentage of their wage for pensions each month (were talking around 15% though the exact amount depends on your job) and then there's the work market additional pension which takes 8% from your wage (don't think that's included in the 15%). Pre 1990 people in the private sector didn't really have any pensions and would only get the public pension which is quite low. So the longer you get after 1990 the larger pensions retirees have until you get to when retirees entered the work market post 1990. (Public workers paid part of their salary to pensions way before 1990.) So with the income of retirees going up closer to their income while employed the average income should rise too. (Something like 15 to 20% of the population is retired at the moment so their pensions getting much larger will have a significant impact on the average income.)

I said working age people. If I were to start say a fast food restaurant in Denmark, I wouldn't care what the average working Dane earnt. I'd care what the average Dane who could be working was getting, and so how much money it would take to tempt them into working for me. I wouldn't need people who are already working. And indeed McDonalds workers in Denmark get around 37-40k USD a year if they're working full time (not that many would work 37 hours a week). It's far higher than most of the world, but not ridiculous. It's enough money to get people working for them. Probably more money than it would actually take to get people, distorted by union action to freeze out the people who'd happily work for the equivalent of 20k in favour of the ones already with a job.

Likewise if I wanted to sell something like smartphones, I wouldn't care what the working people get. I would want all the students, pensioners, stay at home parents and the rest to be part of my potential market too. They're all either receiving benefits, pensions or supported by working people - and so it's far more useful to know how much money there is going around all the people who could have one of my phones, regardless of how that money gets to them. If there's a main earner getting 90k with a partner and child about to leave home, I want to sell them three smartphones from that income, not one.

The extreme example is slavery. An island with one slave owner and nine slaves bringing in 500k isn't usefully described and compared internationally by an average income of 500k. Those slaves are people too. If nothing else their presence is going to reduce the slave owner's real wage due to his need to provide for them. And if I came along and offered to smuggle them away for a safe job earning 20k, you can probably bet 9 people on that island would leap at the chance.

In short, a wage of 0 is still a wage as far as averages go. The need for money is no less, only the source.

The one time you'd look only at people working is within a particular sector and job type. It's practically impossible to come up with a meaningful average salary or wage across job types as diverse as farming, fast food and IT. Most fast food workers are doing 20 hours or so, a farmer typically lives his life on the farm, and an IT worker would nominally do 37 hours but the reality might be more like 50-60. The fast food worker's income will be highly variable based on when they work, especially if things like overtime or holiday pay come into play, while the farmer's will be highly variable based on what they're selling. It's part of why no one uses an average income of just people working, it doesn't reflect anything useful. But within a sector and job type, it might be useful for a skilled worker to know what to expect. If I was to move to Denmark it would not be as a generic working age person and I would not care what the average income was - I'd care about the average income for data analysts, statisticians and similar. Which could well be above 50k US. Perhaps Denmark's vaunted stats office means they get paid far more than even Denmark's high average income would suggest, or perhaps there's a glut of statisticians as a result and they actually get a little less than the overall average might suggest. Either way the average just for that job type would be helpful.
 

Wagonlitz

Resident WW Foreigner
103 Badges
Jul 19, 2010
8.196
5.453
  • Hearts of Iron IV: Expansion Pass
  • Europa Universalis III: Chronicles
  • Hearts of Iron IV: Expansion Pass
  • Stellaris
  • Europa Universalis IV
  • Hearts of Iron IV: Death or Dishonor
  • Europa Universalis 4: Emperor
  • Crusader Kings III
  • Victoria 3 Sign Up
  • Hearts of Iron III Collection
  • Europa Universalis IV: Dharma
  • Crusader Kings III: Royal Edition
  • Supreme Ruler 2020
  • Pirates of Black Cove
  • Crusader Kings Complete
  • Hearts of Iron IV: Cadet
  • Europa Universalis IV: Cradle of Civilization
  • Steel Division: Normand 44 Sign-up
  • Europa Universalis IV: Mandate of Heaven
  • Stellaris: Digital Anniversary Edition
  • Europa Universalis III Complete
  • Crusader Kings II: Reapers Due
  • Europa Universalis: Rome
  • Hearts of Iron IV: Field Marshal
  • Hearts of Iron IV: Colonel
  • Europa Universalis III Complete
  • Crusader Kings II: Conclave
  • War of the Roses
  • 500k Club
  • Europa Universalis IV: El Dorado
  • Crusader Kings II: Way of Life
  • Humble Paradox Bundle
  • Crusader Kings II: Horse Lords
  • Europa Universalis IV: Cossacks
  • Imperator: Rome Sign Up
  • Stellaris: Humanoids Species Pack
  • Stellaris: Apocalypse
  • Imperator: Rome Deluxe Edition
  • Europa Universalis IV: Golden Century
  • Europa Universalis IV: Rule Britannia
  • Crusader Kings III Referal
  • Imperator: Rome - Magna Graecia
  • Europa Universalis IV: Dharma Pre-order
  • Stellaris: Distant Stars
  • Rome Gold
  • Deus Vult
  • Europa Universalis IV: Common Sense
  • Europa Universalis III
  • Europa Universalis III Complete
  • Heir to the Throne
Not including the lowest earning people is just fudging statistics.
How's it fudging statistics? You said it yourself in the sentence before the one I quoted. We were talking about whether 70k USD was a low wage or not; not whether it was a low income. And wage wise it is a low wage with the now obsolete exchange rate.

And the lowest earners of course aren't included when talking about wages, because they don't have a job and hence don't get wages.
Fact is that earning 70k USD per year probably puts you in the top 20% of earners in Denmark (just guessing here). Even if it is 30%, it is still not a low salary by any means.
A back of the envelope calculation gives that it's around 30% income wise. 70k USD, with the current exchange rate, is around average wage wise (with the old rate it was low).

Even 50000 USD is not low. In certain rich countries (Denmark very likely included), it might be average, but not low.
Wage wise it is very low. In fact it's firmly into the so called low wage job area (low wage jobs are low prestige jobs like garbage collectors, cleaning ladies, etc. Politicians have often tried making it more worth it for them to work, since they don't really have much financial incentive to work.)
Income wise 50k USD is around average though, which underlines it's a really low wage.
Fact of the matter is that if you only make around 50k or less you'll have a hard time e.g. being able to afford a house and you will find yourself financially limited in many ways. And you will likely need your partner working full time too to make ends meet. (Not that women don't work at higher wages, because they do. As mentioned women have full employment and the stay at home mom is dead and has been so for 50 years.)

In fact if you just earn 50k USD you're edging on being officially poor. (Or you were until the current government abolished the ability to be officially poor.)
 

k-59

I am the fifth star.
49 Badges
May 17, 2006
602
442
  • Cities: Skylines - Natural Disasters
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • 500k Club
  • Cities: Skylines
  • Europa Universalis III: Collection
  • Europa Universalis IV: Pre-order
  • Europa Universalis IV: Common Sense
  • Cities: Skylines - After Dark
  • Cities: Skylines - Snowfall
  • Stellaris
  • Stellaris: Digital Anniversary Edition
  • Stellaris: Leviathans Story Pack
  • Victoria 2
  • Stellaris - Path to Destruction bundle
  • Cities: Skylines - Mass Transit
  • Stellaris: Synthetic Dawn
  • Cities: Skylines - Green Cities
  • Stellaris: Apocalypse
  • Cities: Skylines - Parklife
  • Stellaris: Distant Stars
  • Shadowrun Returns
  • Shadowrun: Dragonfall
  • Cities: Skylines Industries
  • Prison Architect
  • Hearts of Iron III
  • Cities in Motion 2
  • Crusader Kings II
  • Crusader Kings II: Sons of Abraham
  • Darkest Hour
  • Europa Universalis III
  • Europa Universalis III Complete
  • Europa Universalis IV
  • Europa Universalis IV: Art of War
  • Europa Universalis IV: Conquest of Paradise
  • Europa Universalis IV: Wealth of Nations
  • For the Motherland
  • Cities in Motion
  • Hearts of Iron III: Their Finest Hour
  • Hearts of Iron III Collection
  • Heir to the Throne
  • Europa Universalis III Complete
  • March of the Eagles
  • Europa Universalis III Complete
  • Europa Universalis IV: Res Publica
  • Victoria: Revolutions
  • Rome Gold
  • Semper Fi
  • Sword of the Stars II
I'm not bothering to read all of this, but Wagon is correct that wages are not the same as incomes. If one was concerned with just wages, going by income would distort the data badly since both the very poor and the very rich receive a smaller percent of their income from wages than those in the middle.
 

Wagonlitz

Resident WW Foreigner
103 Badges
Jul 19, 2010
8.196
5.453
  • Hearts of Iron IV: Expansion Pass
  • Europa Universalis III: Chronicles
  • Hearts of Iron IV: Expansion Pass
  • Stellaris
  • Europa Universalis IV
  • Hearts of Iron IV: Death or Dishonor
  • Europa Universalis 4: Emperor
  • Crusader Kings III
  • Victoria 3 Sign Up
  • Hearts of Iron III Collection
  • Europa Universalis IV: Dharma
  • Crusader Kings III: Royal Edition
  • Supreme Ruler 2020
  • Pirates of Black Cove
  • Crusader Kings Complete
  • Hearts of Iron IV: Cadet
  • Europa Universalis IV: Cradle of Civilization
  • Steel Division: Normand 44 Sign-up
  • Europa Universalis IV: Mandate of Heaven
  • Stellaris: Digital Anniversary Edition
  • Europa Universalis III Complete
  • Crusader Kings II: Reapers Due
  • Europa Universalis: Rome
  • Hearts of Iron IV: Field Marshal
  • Hearts of Iron IV: Colonel
  • Europa Universalis III Complete
  • Crusader Kings II: Conclave
  • War of the Roses
  • 500k Club
  • Europa Universalis IV: El Dorado
  • Crusader Kings II: Way of Life
  • Humble Paradox Bundle
  • Crusader Kings II: Horse Lords
  • Europa Universalis IV: Cossacks
  • Imperator: Rome Sign Up
  • Stellaris: Humanoids Species Pack
  • Stellaris: Apocalypse
  • Imperator: Rome Deluxe Edition
  • Europa Universalis IV: Golden Century
  • Europa Universalis IV: Rule Britannia
  • Crusader Kings III Referal
  • Imperator: Rome - Magna Graecia
  • Europa Universalis IV: Dharma Pre-order
  • Stellaris: Distant Stars
  • Rome Gold
  • Deus Vult
  • Europa Universalis IV: Common Sense
  • Europa Universalis III
  • Europa Universalis III Complete
  • Heir to the Throne
I said working age people.
Which is what? That's a very very fluid definition and could, in principle, include the entire population. Somebody age 40 might have to retire due to some disease. And there are people age 100+ still working. And nothing prevents say a 4 years old from working (aside from the law).

If I were to start say a fast food restaurant in Denmark, I wouldn't care what the average working Dane earnt. I'd care what the average Dane who could be working was getting, and so how much money it would take to tempt them into working for me. I wouldn't need people who are already working. And indeed McDonalds workers in Denmark get around 37-40k USD a year if they're working full time (not that many would work 37 hours a week).
If you just look at what the average Dane gets then you'll get a wrong impression. For instance those 37k USD a year are the "minimum wage" (legally there's no such thing as minimum wage and you could fully legally pay your burger flippers 2 $ a month, but you won't find any adult willing to work for less than around 37k USD a month and even finding somebody willing to earn that will be hard). And if they are adults and work less than 37 hours a week you'll still need to pay them around 37k USD a year; and obviously if they work more than 37 hours you'll need to pay more.
Hence why teenagers often are working at burger joints---though they can only be used to some extent since some things by law needs to be carried out by an adult for health and safety reasons..

Probably more money than it would actually take to get people, distorted by union action to freeze out the people who'd happily work for the equivalent of 20k in favour of the ones already with a job.
Not sure what you mean by this. And how does unions come into this?
And nobody except people under 18 and students would be willing to work for 20k USD a year. Working for 20k USD plain and simply would be a huge financial loss compared to what they can get from benefits.

pensioners
Those retired for a reason; you won't get them to give up their retirement---and if you did why would they then want to work for less than they got when active?

stay at home parents
You'll be just as likely to find fairies as finding stay at home moms; they went extinct 40 to 50 years ago.

and so it's far more useful to know how much money there is going around all the people who could have one of my phones, regardless of how that money gets to them. If there's a main earner getting 90k with a partner and child about to leave home, I want to sell them three smartphones from that income, not one.
No such thing as a main earner; women are working too these days.
Also you're now talking about the pricing of items you sell and not what you would need to pay your workers?

The extreme example is slavery. An island with one slave owner and nine slaves bringing in 500k isn't usefully described and compared internationally by an average income of 500k. Those slaves are people too. If nothing else their presence is going to reduce the slave owner's real wage due to his need to provide for them. And if I came along and offered to smuggle them away for a safe job earning 20k, you can probably bet 9 people on that island would leap at the chance.
Pretty sure that the average incomes would be calculated only from the white men. And slaves weren't really human in the eyes of the slavers.'And providing for them is dirt cheap; it won't really take anything out of your profit at all. You have them erect wooden sheds made from wood from local forests. If you're fancy you might have had huts built when the plantation was built and they might even have been made from stone. Food wise the slaves will be growing their own food so that won't cost you anything and if they die then it's no big loss; the "birth factories" are producing plenty of slaves to replace them.

But yes, you could get those slaves to ditch the island if you provided a boat---hence why soldiers were employed to guard them and shoot would be escapists. Slavery was barbaric and cruel, but make no illusion. It was extremely profitable for the individuals controlling the plantations.

In short, a wage of 0 is still a wage as far as averages go. The need for money is no less, only the source.
It makes no sense to include 0 wage earners in the average wage; you include them in the average income sure, but including them in the average wage makes no sense. When calculating the average amount of benefits handed out to people would you then also include the people receiving nothing in benefits?

The one time you'd look only at people working is within a particular sector and job type. It's practically impossible to come up with a meaningful average salary or wage across job types as diverse as farming, fast food and IT. Most fast food workers are doing 20 hours or so, a farmer typically lives his life on the farm, and an IT worker would nominally do 37 hours but the reality might be more like 50-60. The fast food worker's income will be highly variable based on when they work, especially if things like overtime or holiday pay come into play, while the farmer's will be highly variable based on what they're selling. It's part of why no one uses an average income of just people working, it doesn't reflect anything useful. But within a sector and job type, it might be useful for a skilled worker to know what to expect. If I was to move to Denmark it would not be as a generic working age person and I would not care what the average income was - I'd care about the average income for data analysts, statisticians and similar. Which could well be above 50k US. Perhaps Denmark's vaunted stats office means they get paid far more than even Denmark's high average income would suggest, or perhaps there's a glut of statisticians as a result and they actually get a little less than the overall average might suggest. Either way the average just for that job type would be helpful.
For individual sectors it indeed makes sense to get the wage bracket. But I don't see why calculating the average wage doesn't make sense. Your arguments could be used against calculating average income too, since some people sit on their arse raking in money due to investments/inheritance whereas others might earn the same, but work 100 hours a week to earn it.

And unless you employ people under 18 (i.e. children) or students then people will work 37 hours or more (unless they're part time workers, but very few people are that). Though granted, farmers are a bit special; they also are a small minority though.
And if the IT worker works 50 to 60 hours then he'll be getting vast amounts of money for it or it'll be used for flex meaning that he can use it to take time off when he wants to (as long as his surplus hours haven't been spent yet). In reality it'll probably be a mix between getting more money and being allowed to take days off when he wants to.

So why can't that be used to average wage? He is compensated for the hours he works outside of the 37 hours after all---and while the time off can't be included in the average then it shouldn't matter since it just cancels some of the overtime he did.

And everybody gets overtime and holiday pay; don't see how that makes the average bad. People have contracts stating what their monthly salary is, how much they get in holiday pay, and how overtime is compensated. And statisticians almost certainly make way more than 50k USD a year plain and simply due to being university educated. As it is really close to natural science I'd guess it'd be around ~60k to 80k USD a year for entry level (that's the wage bracket for natural scientists).
 

Capt. Kiwi

Nights? Warm. Days? Young.
52 Badges
Jan 22, 2009
1.527
361
  • Semper Fi
  • Hearts of Iron III: Their Finest Hour
  • Heir to the Throne
  • Impire
  • Iron Cross
  • Knights of Pen and Paper +1 Edition
  • Magicka
  • Majesty 2
  • Victoria: Revolutions
  • Rome Gold
  • Hearts of Iron II: Armageddon
  • Sengoku
  • Ship Simulator Extremes
  • Sword of the Stars
  • Sword of the Stars II
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • 500k Club
  • Humble Paradox Bundle
  • For the Motherland
  • Cities in Motion
  • Crusader Kings II
  • Crusader Kings II: Charlemagne
  • Arsenal of Democracy
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic
  • Crusader Kings II: Sons of Abraham
  • Crusader Kings II: Sunset Invasion
  • Crusader Kings II: Sword of Islam
  • Darkest Hour
  • Deus Vult
  • Europa Universalis III Complete
  • Divine Wind
  • Hearts of Iron III
  • For The Glory
  • Crusader Kings II: Conclave
  • Crusader Kings II: Horse Lords
  • Crusader Kings II: Way of Life
  • Mount & Blade: With Fire and Sword
  • Crusader Kings II: Reapers Due
  • Mount & Blade: Warband
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Holy Knight (pre-order)
  • 200k Club
  • War of the Roses
  • Victoria 2
  • Teleglitch: Die More Edition
  • Europa Universalis III Complete
Which is what? That's a very very fluid definition and could, in principle, include the entire population. Somebody age 40 might have to retire due to some disease. And there are people age 100+ still working. And nothing prevents say a 4 years old from working (aside from the law).

15 is the age used around the world to ensure stats are comparable.

If you just look at what the average Dane gets then you'll get a wrong impression. For instance those 37k USD a year are the "minimum wage" (legally there's no such thing as minimum wage and you could fully legally pay your burger flippers 2 $ a month, but you won't find any adult willing to work for less than around 37k USD a month and even finding somebody willing to earn that will be hard). And if they are adults and work less than 37 hours a week you'll still need to pay them around 37k USD a year; and obviously if they work more than 37 hours you'll need to pay more.
Hence why teenagers often are working at burger joints---though they can only be used to some extent since some things by law needs to be carried out by an adult for health and safety reasons..

Teenagers and students still want to buy the same things as everyone else. Either they're paying for accommodation, or someone else's effective income is taking a hit to support them. When you're looking at whether what you're getting is a good wage, you have to factor in what everyone gets.

Not sure what you mean by this. And how does unions come into this?
And nobody except people under 18 and students would be willing to work for 20k USD a year. Working for 20k USD plain and simply would be a huge financial loss compared to what they can get from benefits.

If you exclude rent and taxes, for many years my living costs were 57 USD or 400 krone on average. So 3000 USD or 20800 krone a year. It looks like the bottom end of the rent market in Aarhus to live alone is around 7000 krone, or 1000 USD... I assume a month? So 12000 USD or 84000 krone. Your tax rate isn't straight forward, but I'll call it 12.5% for a very low earner.

So add 1/7th on to 15000 USD 104800 krone and you get just under 18000 USD or 120000 krone as the break even point while enjoying the luxury of living alone rather than flatting. Some of the expenses will be higher than my living costs in New Zealand of course, but others like internet will be far cheaper - it's up to 50 USD a month here. I expect there will be other hidden costs too, but there's still a bit of play in that until you reach 20k USD.

Would you want to spend your whole career earning that? Of course not. Would there be people interested? Of course. "Living wages" aren't designed for single young people who don't expect to have more than a year or two in the job while they pursue other interests on the side.

Those retired for a reason; you won't get them to give up their retirement---and if you did why would they then want to work for less than they got when active?

Depends what kind of job it is. Plenty of retired people want something regular to do where they can stay active and meet people, but without stress. Something like a crafts shop or art gallery would be quite keen to get retirement aged people in, and they'd be quite interested in turn.

You'll be just as likely to find fairies as finding stay at home moms; they went extinct 40 to 50 years ago.

You said yourself that female workforce participation is still increasing :p

No such thing as a main earner; women are working too these days.
Also you're now talking about the pricing of items you sell and not what you would need to pay your workers?

I didn't specify gender for a reason :p There are a lot of family types out there. Solo parents, couples where one is sick or disabled, couples where one is in a career not known for its money like art or music, and so on. We're a very diverse species.

Two sides of the same coin. You pay your workers in part so that there are people who can buy the stuff you sell.

And that's where I got tired :p
 

Capt. Kiwi

Nights? Warm. Days? Young.
52 Badges
Jan 22, 2009
1.527
361
  • Semper Fi
  • Hearts of Iron III: Their Finest Hour
  • Heir to the Throne
  • Impire
  • Iron Cross
  • Knights of Pen and Paper +1 Edition
  • Magicka
  • Majesty 2
  • Victoria: Revolutions
  • Rome Gold
  • Hearts of Iron II: Armageddon
  • Sengoku
  • Ship Simulator Extremes
  • Sword of the Stars
  • Sword of the Stars II
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • 500k Club
  • Humble Paradox Bundle
  • For the Motherland
  • Cities in Motion
  • Crusader Kings II
  • Crusader Kings II: Charlemagne
  • Arsenal of Democracy
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic
  • Crusader Kings II: Sons of Abraham
  • Crusader Kings II: Sunset Invasion
  • Crusader Kings II: Sword of Islam
  • Darkest Hour
  • Deus Vult
  • Europa Universalis III Complete
  • Divine Wind
  • Hearts of Iron III
  • For The Glory
  • Crusader Kings II: Conclave
  • Crusader Kings II: Horse Lords
  • Crusader Kings II: Way of Life
  • Mount & Blade: With Fire and Sword
  • Crusader Kings II: Reapers Due
  • Mount & Blade: Warband
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Holy Knight (pre-order)
  • 200k Club
  • War of the Roses
  • Victoria 2
  • Teleglitch: Die More Edition
  • Europa Universalis III Complete
I'm not bothering to read all of this, but Wagon is correct that wages are not the same as incomes. If one was concerned with just wages, going by income would distort the data badly since both the very poor and the very rich receive a smaller percent of their income from wages than those in the middle.

We've flicked between the two quite carelessly. This started with a discussion on housing quality and affordability, and both the very poor and very rich still need housing, so income would be the correct choice. Which is part of why it's preferred over wage for pretty much anything except seeing what you should be getting paid by your employer.
 

Cliges

Corporeal
49 Badges
Jun 9, 2012
555
300
  • Europa Universalis IV: Res Publica
  • Europa Universalis IV: Wealth of Nations
  • Europa Universalis IV: Call to arms event
  • For The Glory
  • Hearts of Iron III Collection
  • Heir to the Throne
  • Knights of Pen and Paper +1 Edition
  • Magicka
  • March of the Eagles
  • Crusader Kings II
  • Victoria: Revolutions
  • Rome Gold
  • Sengoku
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • Rome: Vae Victis
  • Knights of Honor
  • Europa Universalis IV: Conquest of Paradise
  • Crusader Kings II: Charlemagne
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: The Old Gods
  • Hearts of Iron II: Armageddon
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic
  • Crusader Kings II: Sons of Abraham
  • Crusader Kings II: Sunset Invasion
  • Crusader Kings II: Sword of Islam
  • Darkest Hour
  • Deus Vult
  • Europa Universalis III
  • Europa Universalis III: Chronicles
  • Europa Universalis III Complete
  • Divine Wind
  • Crusader Kings II: Jade Dragon
  • Crusader Kings II: Holy Fury
  • Imperator: Rome Sign Up
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Reapers Due
  • Hearts of Iron IV Sign-up
  • Crusader Kings II: Conclave
  • Crusader Kings II: Horse Lords
  • Humble Paradox Bundle
  • Crusader Kings II: Way of Life
  • Europa Universalis IV: Pre-order
  • 500k Club
  • Victoria 2
  • Europa Universalis III Complete
  • Europa Universalis III Complete
  • Europa Universalis IV
Can we all just agree that regardless of average income, Denmark is richest in personality?
 

Dr.Livingstone

General
62 Badges
Jan 29, 2014
1.852
474
  • Crusader Kings II
  • Magicka
  • Europa Universalis IV: Res Publica
  • Victoria: Revolutions
  • Semper Fi
  • Sengoku
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • Rome: Vae Victis
  • Cities: Skylines - After Dark
  • Cities: Skylines
  • Europa Universalis IV: El Dorado
  • Crusader Kings II: Way of Life
  • Europa Universalis IV: Common Sense
  • Crusader Kings II: Horse Lords
  • Hearts of Iron IV: Expansion Pass
  • Crusader Kings II: Conclave
  • Cities: Skylines - Snowfall
  • Stellaris
  • Hearts of Iron IV Sign-up
  • Stellaris Sign-up
  • Hearts of Iron IV: Cadet
  • Crusader Kings II: Reapers Due
  • Hearts of Iron IV: Together for Victory
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Jade Dragon
  • Cities: Skylines - Mass Transit
  • Age of Wonders III
  • Cities: Skylines - Green Cities
  • Europa Universalis III Complete
  • Cities: Skylines - Parklife
  • Hearts of Iron IV: No Step Back
  • Crusader Kings III: Royal Edition
  • Crusader Kings III
  • Hearts of Iron IV: La Resistance
  • Europa Universalis IV
  • Prison Architect
  • Hearts of Iron IV: Expansion Pass
  • Crusader Kings II: Holy Fury
  • Cities: Skylines Industries
  • Europa Universalis III Complete
  • Victoria 2
  • Hearts of Iron III Collection
  • Hearts of Iron III: Their Finest Hour
  • Hearts of Iron III
  • Crusader Kings II: Charlemagne
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic
Hmm. I'm having trouble connecting to coldfront. Says error #2048. Anyone know what that means or how to fix it?
 

LatinKaiser

Je me souviens des jours anciens et je pleure
59 Badges
Mar 29, 2014
1.638
2.390
  • Europa Universalis IV: Mandate of Heaven
  • Crusader Kings II
  • Europa Universalis IV: Common Sense
  • Crusader Kings II: Horse Lords
  • Europa Universalis IV: Cossacks
  • Crusader Kings II: Conclave
  • Europa Universalis IV: Mare Nostrum
  • Stellaris
  • Hearts of Iron IV: Cadet
  • Crusader Kings II: Reapers Due
  • Europa Universalis IV: Rights of Man
  • Hearts of Iron IV: Together for Victory
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Way of Life
  • Hearts of Iron IV: Death or Dishonor
  • Europa Universalis IV: Cradle of Civilization
  • Hearts of Iron IV: Expansion Pass
  • Europa Universalis IV: Rule Britannia
  • Europa Universalis IV: Dharma
  • Crusader Kings II: Holy Fury
  • Europa Universalis IV: Golden Century
  • Hearts of Iron IV: Expansion Pass
  • Hearts of Iron IV: La Resistance
  • Battle for Bosporus
  • Europa Universalis 4: Emperor
  • War of the Roses
  • Victoria 2
  • Europa Universalis III Complete
  • Europa Universalis III Complete
  • Europa Universalis IV: El Dorado
  • Europa Universalis IV
  • Europa Universalis IV: Wealth of Nations
  • For the Motherland
  • Hearts of Iron III
  • March of the Eagles
  • Europa Universalis IV: Res Publica
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • Europa Universalis IV: Conquest of Paradise
  • Europa Universalis IV: Art of War
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: Sons of Abraham
  • Crusader Kings II: Charlemagne
  • Crusader Kings II: Sunset Invasion
  • Crusader Kings II: Sword of Islam
  • Darkest Hour
  • Crusader Kings II: The Old Gods
  • Europa Universalis IV: Third Rome
Hmm. I'm having trouble connecting to coldfront. Says error #2048. Anyone know what that means or how to fix it?
Did you try rebooting your computer?

You might also be able to get in using a different browser.
 

Dr.Livingstone

General
62 Badges
Jan 29, 2014
1.852
474
  • Crusader Kings II
  • Magicka
  • Europa Universalis IV: Res Publica
  • Victoria: Revolutions
  • Semper Fi
  • Sengoku
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • Rome: Vae Victis
  • Cities: Skylines - After Dark
  • Cities: Skylines
  • Europa Universalis IV: El Dorado
  • Crusader Kings II: Way of Life
  • Europa Universalis IV: Common Sense
  • Crusader Kings II: Horse Lords
  • Hearts of Iron IV: Expansion Pass
  • Crusader Kings II: Conclave
  • Cities: Skylines - Snowfall
  • Stellaris
  • Hearts of Iron IV Sign-up
  • Stellaris Sign-up
  • Hearts of Iron IV: Cadet
  • Crusader Kings II: Reapers Due
  • Hearts of Iron IV: Together for Victory
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Jade Dragon
  • Cities: Skylines - Mass Transit
  • Age of Wonders III
  • Cities: Skylines - Green Cities
  • Europa Universalis III Complete
  • Cities: Skylines - Parklife
  • Hearts of Iron IV: No Step Back
  • Crusader Kings III: Royal Edition
  • Crusader Kings III
  • Hearts of Iron IV: La Resistance
  • Europa Universalis IV
  • Prison Architect
  • Hearts of Iron IV: Expansion Pass
  • Crusader Kings II: Holy Fury
  • Cities: Skylines Industries
  • Europa Universalis III Complete
  • Victoria 2
  • Hearts of Iron III Collection
  • Hearts of Iron III: Their Finest Hour
  • Hearts of Iron III
  • Crusader Kings II: Charlemagne
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic

Dr.Livingstone

General
62 Badges
Jan 29, 2014
1.852
474
  • Crusader Kings II
  • Magicka
  • Europa Universalis IV: Res Publica
  • Victoria: Revolutions
  • Semper Fi
  • Sengoku
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • Rome: Vae Victis
  • Cities: Skylines - After Dark
  • Cities: Skylines
  • Europa Universalis IV: El Dorado
  • Crusader Kings II: Way of Life
  • Europa Universalis IV: Common Sense
  • Crusader Kings II: Horse Lords
  • Hearts of Iron IV: Expansion Pass
  • Crusader Kings II: Conclave
  • Cities: Skylines - Snowfall
  • Stellaris
  • Hearts of Iron IV Sign-up
  • Stellaris Sign-up
  • Hearts of Iron IV: Cadet
  • Crusader Kings II: Reapers Due
  • Hearts of Iron IV: Together for Victory
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Jade Dragon
  • Cities: Skylines - Mass Transit
  • Age of Wonders III
  • Cities: Skylines - Green Cities
  • Europa Universalis III Complete
  • Cities: Skylines - Parklife
  • Hearts of Iron IV: No Step Back
  • Crusader Kings III: Royal Edition
  • Crusader Kings III
  • Hearts of Iron IV: La Resistance
  • Europa Universalis IV
  • Prison Architect
  • Hearts of Iron IV: Expansion Pass
  • Crusader Kings II: Holy Fury
  • Cities: Skylines Industries
  • Europa Universalis III Complete
  • Victoria 2
  • Hearts of Iron III Collection
  • Hearts of Iron III: Their Finest Hour
  • Hearts of Iron III
  • Crusader Kings II: Charlemagne
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic
Nope. Oh well.
Have you tried connecting to Stormfront instead? :p
Sadly Nazis are a close knit group suspicious of outsiders. I'll try opening them up a bit.
 

Canadian_95_RTS

Captain
61 Badges
May 9, 2012
335
22
  • Crusader Kings II
  • Europa Universalis IV: Mare Nostrum
  • Victoria 2: Heart of Darkness
  • Victoria 2: A House Divided
  • Semper Fi
  • Europa Universalis IV: Res Publica
  • Hearts of Iron III
  • For the Motherland
  • Europa Universalis IV: Wealth of Nations
  • Europa Universalis IV: Conquest of Paradise
  • Europa Universalis IV: Art of War
  • Europa Universalis III: Chronicles
  • Commander: Conquest of the Americas
  • Crusader Kings II: Sword of Islam
  • Crusader Kings II: Sons of Abraham
  • Crusader Kings II: The Republic
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Legacy of Rome
  • Cities in Motion
  • Europa Universalis IV: Rights of Man
  • Hearts of Iron IV: Together for Victory
  • Crusader Kings II: Holy Fury
  • Crusader Kings II: Monks and Mystics
  • Prison Architect
  • Europa Universalis IV: Mandate of Heaven
  • Europa Universalis IV: Golden Century
  • Hearts of Iron IV: Death or Dishonor
  • Europa Universalis IV: Cradle of Civilization
  • Crusader Kings III
  • Hearts of Iron IV: Expansion Pass
  • Stellaris: Apocalypse
  • Europa Universalis IV: Rule Britannia
  • Europa Universalis IV: Dharma
  • Cities: Skylines - Parklife
  • Crusader Kings II: Reapers Due
  • Hearts of Iron IV: Cadet
  • Stellaris
  • Crusader Kings II: Conclave
  • Europa Universalis IV: Cossacks
  • Crusader Kings II: Horse Lords
  • Europa Universalis IV: Common Sense
  • Crusader Kings II: Way of Life
  • Europa Universalis IV: El Dorado
  • Stellaris: Federations
  • 500k Club
  • Victoria 2
  • Stellaris: Nemesis
  • Europa Universalis IV
  • Hearts of Iron IV: La Resistance
Hey guys, I've got an assignment where I have to trade stocks. Anyone have any idea on some stocks that will make money? I've got most of my picks set already, but I wouldn't mind some out there ideas, if anyone has any. North American only, unfortunately, so European stocks are out.
 

Dr.Livingstone

General
62 Badges
Jan 29, 2014
1.852
474
  • Crusader Kings II
  • Magicka
  • Europa Universalis IV: Res Publica
  • Victoria: Revolutions
  • Semper Fi
  • Sengoku
  • Victoria 2: A House Divided
  • Victoria 2: Heart of Darkness
  • Rome: Vae Victis
  • Cities: Skylines - After Dark
  • Cities: Skylines
  • Europa Universalis IV: El Dorado
  • Crusader Kings II: Way of Life
  • Europa Universalis IV: Common Sense
  • Crusader Kings II: Horse Lords
  • Hearts of Iron IV: Expansion Pass
  • Crusader Kings II: Conclave
  • Cities: Skylines - Snowfall
  • Stellaris
  • Hearts of Iron IV Sign-up
  • Stellaris Sign-up
  • Hearts of Iron IV: Cadet
  • Crusader Kings II: Reapers Due
  • Hearts of Iron IV: Together for Victory
  • Crusader Kings II: Monks and Mystics
  • Crusader Kings II: Jade Dragon
  • Cities: Skylines - Mass Transit
  • Age of Wonders III
  • Cities: Skylines - Green Cities
  • Europa Universalis III Complete
  • Cities: Skylines - Parklife
  • Hearts of Iron IV: No Step Back
  • Crusader Kings III: Royal Edition
  • Crusader Kings III
  • Hearts of Iron IV: La Resistance
  • Europa Universalis IV
  • Prison Architect
  • Hearts of Iron IV: Expansion Pass
  • Crusader Kings II: Holy Fury
  • Cities: Skylines Industries
  • Europa Universalis III Complete
  • Victoria 2
  • Hearts of Iron III Collection
  • Hearts of Iron III: Their Finest Hour
  • Hearts of Iron III
  • Crusader Kings II: Charlemagne
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Republic
Hey guys, I've got an assignment where I have to trade stocks. Anyone have any idea on some stocks that will make money? I've got most of my picks set already, but I wouldn't mind some out there ideas, if anyone has any. North American only, unfortunately, so European stocks are out.
 

Sleepyhead

Der Schöpfer - ï
20 Badges
Dec 17, 2003
4.443
6.957
  • Victoria 2: Heart of Darkness
  • Europa Universalis 4: Emperor
  • Europa Universalis IV: Third Rome
  • Europa Universalis IV: Mandate of Heaven
  • Europa Universalis IV: Rights of Man
  • Europa Universalis IV: Cossacks
  • Europa Universalis IV: Common Sense
  • Europa Universalis IV: El Dorado
  • Europa Universalis III: Collection
  • 500k Club
  • Crusader Kings II
  • Victoria 2: A House Divided
  • Victoria 2
  • Europa Universalis IV: Res Publica
  • Europa Universalis IV: Call to arms event
  • Europa Universalis IV: Wealth of Nations
  • Europa Universalis IV: Conquest of Paradise
  • Europa Universalis IV: Art of War
  • Europa Universalis IV
  • Europa Universalis III
Hey guys, I've got an assignment where I have to trade stocks. Anyone have any idea on some stocks that will make money? I've got most of my picks set already, but I wouldn't mind some out there ideas, if anyone has any. North American only, unfortunately, so European stocks are out.
Buy YUUUGE positions in Trump stock, they're assured winners!

Take out a first, second and third mortgage, along with consumption loans, what the heck - use credit cards and SMS loans as well and short EVERYTHING else. If you're Danish, which I frankly have no reason to believe but will mention anyway, you may use the proceeds of your awesome minimal wage as well
 

madchemist

Corporal
25 Badges
Apr 27, 2014
39
86
  • Hearts of Iron II: Armageddon
  • Victoria 2: Heart of Darkness
  • Victoria 2: A House Divided
  • Semper Fi
  • Victoria: Revolutions
  • March of the Eagles
  • Heir to the Throne
  • Hearts of Iron III Collection
  • Hearts of Iron III: Their Finest Hour
  • Hearts of Iron III
  • For the Motherland
  • Divine Wind
  • Europa Universalis III
  • Darkest Hour
  • Crusader Kings II: Sword of Islam
  • Crusader Kings II: Sunset Invasion
  • Crusader Kings II: The Republic
  • Crusader Kings II: Legacy of Rome
  • Crusader Kings II
  • Arsenal of Democracy
  • Europa Universalis IV
  • Victoria 2
  • Europa Universalis III: Collection
  • Mount & Blade: Warband
  • Mount & Blade: With Fire and Sword
Hey guys, I've got an assignment where I have to trade stocks. Anyone have any idea on some stocks that will make money? I've got most of my picks set already, but I wouldn't mind some out there ideas, if anyone has any. North American only, unfortunately, so European stocks are out.

Is this one of those exercises where you buy stocks and hope they've gone up in a week or so? Because picking short-term winners tends to be a bit difficult and you almost have to get lucky.

Also, if any of us actually knew anything about how to do that, we probably wouldn't be spending our time here right now. :D


(If you want my suggestions, though, pharmaceutical industry stocks like Merck, Johnson & Johnson, and the like are probably a pretty safe bet to do OK.)
 

Canadian_95_RTS

Captain
61 Badges
May 9, 2012
335
22
  • Crusader Kings II
  • Europa Universalis IV: Mare Nostrum
  • Victoria 2: Heart of Darkness
  • Victoria 2: A House Divided
  • Semper Fi
  • Europa Universalis IV: Res Publica
  • Hearts of Iron III
  • For the Motherland
  • Europa Universalis IV: Wealth of Nations
  • Europa Universalis IV: Conquest of Paradise
  • Europa Universalis IV: Art of War
  • Europa Universalis III: Chronicles
  • Commander: Conquest of the Americas
  • Crusader Kings II: Sword of Islam
  • Crusader Kings II: Sons of Abraham
  • Crusader Kings II: The Republic
  • Crusader Kings II: Rajas of India
  • Crusader Kings II: The Old Gods
  • Crusader Kings II: Legacy of Rome
  • Cities in Motion
  • Europa Universalis IV: Rights of Man
  • Hearts of Iron IV: Together for Victory
  • Crusader Kings II: Holy Fury
  • Crusader Kings II: Monks and Mystics
  • Prison Architect
  • Europa Universalis IV: Mandate of Heaven
  • Europa Universalis IV: Golden Century
  • Hearts of Iron IV: Death or Dishonor
  • Europa Universalis IV: Cradle of Civilization
  • Crusader Kings III
  • Hearts of Iron IV: Expansion Pass
  • Stellaris: Apocalypse
  • Europa Universalis IV: Rule Britannia
  • Europa Universalis IV: Dharma
  • Cities: Skylines - Parklife
  • Crusader Kings II: Reapers Due
  • Hearts of Iron IV: Cadet
  • Stellaris
  • Crusader Kings II: Conclave
  • Europa Universalis IV: Cossacks
  • Crusader Kings II: Horse Lords
  • Europa Universalis IV: Common Sense
  • Crusader Kings II: Way of Life
  • Europa Universalis IV: El Dorado
  • Stellaris: Federations
  • 500k Club
  • Victoria 2
  • Stellaris: Nemesis
  • Europa Universalis IV
  • Hearts of Iron IV: La Resistance
It's over a 3 month period. I've already got some investments in health insurance (anticipating the increase from Trump wrecking Obamacare) but I'll be sure to keep that in mind.
 

EUROO7

Doctor Cisor -- Lycanthroporthodontic Specialist
30 Badges
Jan 26, 2008
5.088
198
  • Achtung Panzer
  • Victoria 3 Sign Up
Invest in primitive tech. Shit's gonna explode after the apocalypse.