Depends obviously on your risk adversion and timing requirements. If your holding debt for less than 12 months then sure... go variable...
No.1 reason why we're in the mess we are in right now is because the debt holders did not align timing of collateral exhaustion and debt.
In other words taking out debt with short time frames against position of long.
Or even more simply... the Banks took out short expiry periods 3 months to 3 years against 30 year facilities.
Whether your a multi-national or a Mum and Dad, the answer is the same. Match income and expenditures and debt and collateral. (eg IT IS STUPID TO BUY A CAR [5/7 year depreciation] ON A HOME LOAN [25/40 year term])
