You dont need growth to incur rising rates .. stagflation (low growth high inflation - we dont have high inflation yet but with all the printing presses pumping out money at the moment its only a matter of time). Also borrowing costs can rise dramatically if we have another financial crisis - which looks likely with China. If credit markets dry up then kiss your low rates good bye.
Scares me to think some of you here are actually in control of money ..
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