So rising interest rates is a problem? for who?
Only affects borrowers who have to work out eventually that debt is an encumbrance and should be paid back asap. Especially consumer debt, including owner occupied housing.
Low rates have led to speculation and pushed up prices to detriment of first home buyers. Also encouraged governments to borrow for recurrent expenditure.
The sooner rates rise the better.
President Trump is man of his word, and the sooner NK realises that the better for everyone. UN is finished.
Just upsets global stability by supporting radical agenda dominated by small states who do not contribute to the cost. I fervently help our pathetic looking abstention was balanced by some private assurances from Turnbull AND Shorten that we support our only reliable strong defence ally.
China uses NK as a foil, they could have stopped its weapons programs at any time. Silence gives consent.
