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Ryan Bridge: A debate on interest rates

I was having a good old debate with a mate at the weekend about interest rates.

We're of the age where, mortgages are a thing.

In Auckland, quote a bog and annoying thing.

Paying them down is the aim of the game.

Now this mate of mine knows a bit more about this stuff than I do and watches the markets closely. He's worried about the middle of the year - potentially this recovery if that's what we can official call it yet - coming to a bit a standstill/abrupt halt.

We've spoken before about elections putting the kaibosh on growth. We've spoken about Bill English's comments about our recovery…

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