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Economy

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Keith Rankin Analysis – New Zealand in Recession

March 20, 2024

Analysis by Keith Rankin. Recessions in the last Ten Years: New Zealand and Japan Tomorrow we will see the latest Gross Domestic Product (GDP) data for New Zealand. It’s worth looking today, however, at what the situation is before that data release (with its revisions as well as new data). And in context by comparing ... <a title="Keith Rankin Analysis – New Zealand in Recession" class="read-more" href="https://eveningreport.nz/2024/03/20/keith-rankin-analysis-new-zealand-in-recession/" aria-label="Read more about Keith Rankin Analysis – New Zealand in Recession">Read more</a>

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Keith Rankin Analysis – Interest Costs, the Cost-of-Living, and the Cost-of-Government

March 7, 2024

Analysis by Keith Rankin. In Question Time in Parliament, yesterday, Finance Minister Nicola Willis was asked a question about the extent of the cost of government debt-servicing. The answer, in short, was ‘a lot’; and she mentioned that the cost had been assessed on an interest-only basis. The ensuing round of supplementary questions never got ... <a title="Keith Rankin Analysis – Interest Costs, the Cost-of-Living, and the Cost-of-Government" class="read-more" href="https://eveningreport.nz/2024/03/07/keith-rankin-analysis-interest-costs-the-cost-of-living-and-the-cost-of-government/" aria-label="Read more about Keith Rankin Analysis – Interest Costs, the Cost-of-Living, and the Cost-of-Government">Read more</a>

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Bryce Edwards’ Analysis – Anger at excessive politician pay and entitlements

March 4, 2024

Analysis by Dr Bryce Edwards – Democracy Project (https://democracyproject.nz). When the First Labour Government came into office in 1935, the new Prime Minister Michael Joseph Savage was determined not to live a bourgeois, extravagant lifestyle. Being a representative of workers meant to him that he shouldn’t just take on the material comforts of the ruling ... <a title="Bryce Edwards’ Analysis – Anger at excessive politician pay and entitlements" class="read-more" href="https://eveningreport.nz/2024/03/04/bryce-edwards-analysis-anger-at-excessive-politician-pay-and-entitlements/" aria-label="Read more about Bryce Edwards’ Analysis – Anger at excessive politician pay and entitlements">Read more</a>

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Keith Rankin Analysis – Political Culture and Close Elections

December 22, 2023

Analysis by Keith Rankin. When countries’ national elections are closely fought, it means that the median voters critically determine the parliamentary or congressional outcome. But, though depending to a considerable extent on the prevailing political culture, the centre-of-gravity of the resulting government may be far from that median usually ‘centrist’ position of the voters. The ... <a title="Keith Rankin Analysis – Political Culture and Close Elections" class="read-more" href="https://eveningreport.nz/2023/12/22/keith-rankin-analysis-political-culture-and-close-elections/" aria-label="Read more about Keith Rankin Analysis – Political Culture and Close Elections">Read more</a>

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Keith Rankin Analysis – Government by Cliché

November 28, 2023

Analysis by Keith Rankin. The new government is making a weak start to its tenure. On Morning Report (RNZ, 28 Nov 2023, Prime Minister Luxon to lead first cabinet meeting), Mr Luxon repeated a comment such as he has made several times before: “The number one job is to rebuild the economy so we can ... <a title="Keith Rankin Analysis – Government by Cliché" class="read-more" href="https://eveningreport.nz/2023/11/28/keith-rankin-analysis-government-by-cliche/" aria-label="Read more about Keith Rankin Analysis – Government by Cliché">Read more</a>

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Simon Angelo Analysis – The Future of Money: Bitcoin, Banks, BRICS, and CBDCs

November 21, 2023

By Simon Angelo – www.WealthMorning.com Simon Angelo worked for the world’s first regulated Bitcoin fund in 2016. He currently works at a trading desk for Wholesale Investors. His work in offshore finance and global banking gives him some insights on the future of money. When Bitcoin was a special opportunity In October 2016, when I ... <a title="Simon Angelo Analysis – The Future of Money: Bitcoin, Banks, BRICS, and CBDCs" class="read-more" href="https://eveningreport.nz/2023/11/21/simon-angelo-analysis-the-future-of-money-bitcoin-banks-brics-and-cbdcs/" aria-label="Read more about Simon Angelo Analysis – The Future of Money: Bitcoin, Banks, BRICS, and CBDCs">Read more</a>

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Keith Rankin Analysis – New Zealand’s coming triple demographic crisis

November 16, 2023

Analysis by Keith Rankin. The three components to the crisis are churn, aging, and the increasing predominance of births into disadvantaged households. Churn Yesterday the main release from Statistics New Zealand was Record net migration loss of New Zealand citizens. ” There was a record net migration loss of 44,700 New Zealand citizens in the ... <a title="Keith Rankin Analysis – New Zealand’s coming triple demographic crisis" class="read-more" href="https://eveningreport.nz/2023/11/16/keith-rankin-analysis-new-zealands-coming-triple-demographic-crisis/" aria-label="Read more about Keith Rankin Analysis – New Zealand’s coming triple demographic crisis">Read more</a>

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Keith Rankin Analysis – Christopher Luxon is tone deaf and slightly innumerate on tax

November 14, 2023

Analysis by Keith Rankin. Christopher Luxon and Nicola Willis have a bottom-line policy of delivering “tax relief” to New Zealand’s “squeezed middle”. Their modest policy is to increase the first three income tax thresholds by 11.5%, representing compensation for about two years of inflation-driven tax increases. (Labour’s policy, by contrast, was to take advantage of ... <a title="Keith Rankin Analysis – Christopher Luxon is tone deaf and slightly innumerate on tax" class="read-more" href="https://eveningreport.nz/2023/11/14/keith-rankin-analysis-christopher-luxon-is-tone-deaf-and-slightly-innumerate-on-tax/" aria-label="Read more about Keith Rankin Analysis – Christopher Luxon is tone deaf and slightly innumerate on tax">Read more</a>

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Keith Rankin Analysis – The ponzi financial model: Japan and United States

November 1, 2023

Analysis by Keith Rankin. Last week (The Ponzi financial model and New Zealand’s monetary policy) I described New Zealand’s place and financial strategy within the world’s financial ecosystem; how New Zealand pursues a ponzi financial model, and how that model has played a role in offsetting the ‘mercantilist’ financial strategies of other countries (examples given ... <a title="Keith Rankin Analysis – The ponzi financial model: Japan and United States" class="read-more" href="https://eveningreport.nz/2023/11/01/keith-rankin-analysis-the-ponzi-financial-model-japan-and-united-states/" aria-label="Read more about Keith Rankin Analysis – The ponzi financial model: Japan and United States">Read more</a>

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Keith Rankin Chart Analysis – Interesting Financial Fingerprints: Malaysia, Switzerland, United Kingdom, Israel

October 30, 2023

Analysis. by Keith Rankin. On 26 October I wrote about New Zealand’s exceptional financial model, showing it to take a similar (though non-fraudulent) form to a Ponzi Scheme (The Ponzi financial model and New Zealand’s monetary policy). And I showed how this kind of financial behaviour by a nation-state could help to stabilise a world ... <a title="Keith Rankin Chart Analysis – Interesting Financial Fingerprints: Malaysia, Switzerland, United Kingdom, Israel" class="read-more" href="https://eveningreport.nz/2023/10/30/keith-rankin-chart-analysis-interesting-financial-fingerprints-malaysia-switzerland-united-kingdom-israel/" aria-label="Read more about Keith Rankin Chart Analysis – Interesting Financial Fingerprints: Malaysia, Switzerland, United Kingdom, Israel">Read more</a>

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Keith Rankin Analysis – The Ponzi financial model and New Zealand’s monetary policy

October 26, 2023

Analysis by Keith Rankin. Today I read this article (David Seymour calls for sweeping changes to make the Reserve Bank more accountable, NZ Herald, 26 October) showing David Seymore’s wish to double-down on New Zealand’s financial model. The Ponzi financial model operates much more broadly than the fraudulent Ponzi schemes associated the likes of players ... <a title="Keith Rankin Analysis – The Ponzi financial model and New Zealand’s monetary policy" class="read-more" href="https://eveningreport.nz/2023/10/26/keith-rankin-analysis-the-ponzi-financial-model-and-new-zealands-monetary-policy/" aria-label="Read more about Keith Rankin Analysis – The Ponzi financial model and New Zealand’s monetary policy">Read more</a>

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Keith Rankin Chart Analysis – Governments run financial deficits; it’s their role to do so

October 17, 2023

Analysis by Keith Rankin. The above chart shows that the world’s governments, taken collectively, run financial deficits every year. This is not a weakness of the global financial system; it’s a strength, perhaps the strength of the world system. Government deficits offset private sector financial choices. We note that when the world government deficit becomes ... <a title="Keith Rankin Chart Analysis – Governments run financial deficits; it’s their role to do so" class="read-more" href="https://eveningreport.nz/2023/10/17/keith-rankin-chart-analysis-governments-run-financial-deficits-its-their-role-to-do-so/" aria-label="Read more about Keith Rankin Chart Analysis – Governments run financial deficits; it’s their role to do so">Read more</a>