Middle_Canada,put up some decent posts for a change, as opposed to your incoherent babble.   We've an unbroken line of incompetent monetary and fiscal policy heading right back to Pierre trudeau and his vile ilk around the globe who set the stage for economic dismantling of nation states. 

You must be awfully glad we had harper in office who achieved federal debt to GDP levels down in the low 30% range giving trudeau et al their 'wiggle' room to escalate deficits at a time of  GDP growth, produce nothing for it and possibly drive us to a uniquely  inflationary spurt and subsequent recession from jacked interest rates.  

Why have rates been so low for so long?  Money printing, that's why, trillions of dollars worth in the USA to buy phony US debt nobody wanted.  A federal reserve with a drug addict's balance sheet of assets that will crush the global economy if unleashed.