CoveragePost
May 21, 2020
Analysis by Keith Rankin. The chart above shows how a spending pie-chart may differ for a closed economy, compared to its income chart. For this example, the government sector has a financial deficit (ie a budget deficit) while the household sector has a financial surplus. In this case the government sector slice is 30% of ... <a title="Keith Rankin Chart Analysis – National Income, Spending and Debt" class="read-more" href="https://eveningreport.nz/2020/05/21/keith-rankin-chart-analysis-national-income-spending-and-debt/" aria-label="Read more about Keith Rankin Chart Analysis – National Income, Spending and Debt">Read more</a>
CoveragePost
July 30, 2019
Interest rates, though headline‑rousing when it comes to mortgages, are an arcane and deeply mysterious component of economic life. The received wisdom is that they represent the ‘time‑value of money’, and therefore should always be positive. Low interest rates are supposed to indicate a high willingness to postpone consumer pleasures. Interest income is also understood ... <a title="Keith Rankin’s Chart Analysis: G7 Rates of Interest, Inflation and Unemployment" class="read-more" href="https://eveningreport.nz/2019/07/30/keith-rankins-chart-analysis-g7-rates-of-interest-inflation-and-unemployment/" aria-label="Read more about Keith Rankin’s Chart Analysis: G7 Rates of Interest, Inflation and Unemployment">Read more</a>
CoveragePost
December 10, 2018
By Keith Rankin There will almost certainly be another major financial crisis, just like there will be another big earthquake (or, as the Australians would instead say, another big bushfire). We can do much to improve our monitoring of systemic stresses, our awareness of critical-state dynamics, and our before-and-after mitigation processes. Wilful blindness is not ... <a title="Keith Rankin’s Chart for this Month: Crisis Postponed" class="read-more" href="https://eveningreport.nz/2018/12/10/keith-rankins-chart-for-this-month-crisis-postponed/" aria-label="Read more about Keith Rankin’s Chart for this Month: Crisis Postponed">Read more</a>