Interest rates going up tells me the economy is stronger than it has been in the past, that's a good thing, rates going up will sustain a recovery if done slowly as it will cap inflation. Bearing in mind most companies have refinanced long term debt as these low rates and that goes for alot of personal debt. So I don't think interest rates going up .25 or .5 will cause a crash.
Muslims attacking should not be played into, unless it happens, it's been years since 911 and there have been various attacks, eg Bali and that didnt cause a crash. I guess if they destroy infrastructure, that means job creation and Base Metals usage - Positive.
Globally nearly every company has increased profits and inventory levels are low to. This I believe will lead to more jobs as inventory levels need to be increased as demand is rising.
I personally don't see a crash due to growth in the US and China, even though they are trying to slow it down. Still 5% on a country that is in the early stages of westernisation with 1 Billion people shouldnt be discounted. Sure the markets are spooked that there not doing 8 or 9%, but 5% is more sustanable long term. I see China growing at this rate for 5+ years atleast.
You do have a point on Debts though and cash printing. But the world has revolved around debts for years and years and will continue to do so.