We Have Crossed the Line Debt Hawks Warned Us About for Decades

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2. Debt is cheap, that's why there is so much. Why do you think that people are moaning about the

low interest rates received on their passbook savings accounts, bonds, etc., and one can't seem to find a decent return on any dividend paying stocks? One day this will turn around, and those issuing the debt will demand a higher price for the use of their funds, but until then, beware of taking on too much debt, it will come back to bite one in the proverbial a&& when interest rates go back up.