For 30+ years low interest rates incentivized more & more debt — debt servicing costs were almost an afterthought.
“More debt isn’t a problem” was a common mantra.
Oops…sh*t got really expensive really quick. 
For 30+ years low interest rates incentivized more & more debt — debt servicing costs were almost an afterthought.
“More debt isn’t a problem” was a common mantra.
Oops…sh*t got really expensive really quick. 
Few 🤣