Within the next 24 months, a significant amount of debt, including corporate, commercial landlord, and government debt, will readjust at higher interest rates, increasing debt service costs.
"over the next 24 months we're going to see a huge amount of debt readjust at the higher interest rates and if interest rates continue to say high or if they go higher well that means that corporations and Commercial landlords and their government which is holding on to large pieces of adjustable rate debt as that debt readjusts your payments your debt service and costs are going to go up"