Video: Scotiabank Economist On Outlook, Interest Rates & Canadian Dollar.

**cottonpicken** · Mar 2, 2015, 15:16

I would have asked him about the pending investigation in the precious metals market about price manipulation. Or if that's not your cup of tea if we would see compression or expansion in corporate bond yields vs soverigns.

**Hopperbin** · Mar 2, 2015, 17:10

Are we going to have low interest rates forever? We just finished that industrial revolution. Its over. Done. We are maxed out. No one can get more from us anyway. Not saying that is a good thing. Our economy is in a new age and we are here. Low interest floating forever. Stay floating. Buy banks. Got a 3, 000 equity payment from the cu today.

**MBgrower** · Mar 2, 2015, 17:51

Often the 3 or 5 year fixed is cheaper than floating.

**Hopperbin** · Mar 2, 2015, 18:01

That only happenned once in my memory. Nowadays you can pay off any loan any time and go with what is lowest. Some banks only on yearly aniversary. Since the high interest days of the eighties floating has been the way to go.

**Hopperbin** · Mar 2, 2015, 18:03

Eighties exempt cause in them years you could not get out. Had to buy out which cost the interest rate difference.

**Hopperbin** · Mar 2, 2015, 18:05

In the eighties people locked in for fear of going higher. Then they paid the price. After that run was done floating was the way to go except for I think one year.

**Hopperbin** · Mar 2, 2015, 18:08

Of course where we deal has a bearing on that. Local cus will not come close to other banks on house mortgage. But on a farm loan they are convenient. Not talking conexus etc.

**cottonpicken** · Mar 3, 2015, 09:58

Greatest global peace time debt accumulation in the history,unhinged central bank monetary policy,over 40 countries with debt to gdp over 200%,full blown currency wars,meh things are good but not great

Video: Scotiabank Economist On Outlook, Interest Rates & Canadian Dollar.