Japan's real wage growth hit a wall in November, posting its steepest decline since January. Workers are feeling the squeeze as purchasing power erodes faster than wage increases can keep up. For crypto investors watching macroeconomic signals, this kind of labor market weakness across major economies often precedes broader asset rotation—when traditional income streams weaken, risk appetite and capital flow patterns tend to shift. Whether this signals broader deflationary pressures or temporary wage stagnation, it's the kind of economic crosscurrent worth monitoring.