It has started. Gradually rates will rise across the world.
People had better get ready for life when borrowing costs more. I can
remember when interest rates hit 15% and mortgages were very expensive. At the moment borrowing (and being in debt) is very cheap, but history tells us these days will not last.
See http://www.bbc.co.uk/news/business-35117405
16 Dec 2015
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