Detailed text transcripts for TV channel - MSNBC - 20180205:20:44:00
Normalcy. why don't the investors not understand normalcy. >> the critical issue is even though race -- the rates are low, the percentage increase is high. and so when you are going -- you're talking about nearly a doubling of interest rates over a year. so even though it is low, think about it in those terms and the marginal impact is much greater and we hit the tipping point and where we'll have some bite. because we have so accustomed to the low rate and low payments for so long, you could really sort of have some collateral damage to highly leveraged area of the economy as the rates go up ...