The main idea of SNIPPITS is:

1. To keep up a commentary on significant developments in current affairs and
2. To copy and paste some LinkedIn discussions that challenge or highlight my work

Readers are invited to flip through the history on the Home Page to find  topics of interest and read those, just as one does when reading a newspaper.

Edward's work is supported by some top bankers, economists and actuaries, but all of them say that only I can fully articulate all of it.

The powerful spreadsheets on mortgage finance and government bonds which analyse and display projected costs and instabilities in ten or more bar charts as well as the source spreadsheets will shortly be for sale. Here is one such illustration that came from there:

This bar chart is sourced from published data input (India 1980-2005) into the ILS Spreadsheets.
The information shown as bar heights compares the 'cost-to-income'  of the repayments coming out of the new ILS and the currently used LP mortgage models. 

At upper right is a comparison of the mortgage sizes offered by each model when the same variable interest rates are used by both models.

At lower right is a graph of the rate at which wealth is transferred from borrowers to lenders as the economic conditions of average incomes and interest rates changed over the same period.

The instability seen (it varies between slightly negative to nearly 10% p.a. rate of wealth transfer from borrower to lender) is highly disruptive to the economy and largely comes from the unstable design of all of our economies and is what the macro-economic design team hope to smooth out for all nations.

It is caused by a combination of the auto-instability built into economies, currency instability, and monetary policy actions with their delayed and uncertain outcomes, made uncertain largely by the internal structures such as debt structures and risk management.


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