Quote:
Originally Posted by pandy
... Does anyone have any opinions on this?
|
One of the problems which I see was in the increase in corporate debt. It went to buy back the individual companies shares. This didn't help improve the company's infrastructure or improve existing or new market share. Eventually, it will affect their ability to service their debt. When rates rise this will be more apparent and I think rates here and around the world needs to rise to spur the world economies.