The argument seems to be Chris would argue its all okay due to...

The argument seems to be Chris would argue its all okay due to debt serviceability based on lower rates. Chris appears very finance bank based in his perception. However, even he said words to the effect he would like rates to rise over time to more normal levels. He seems to believe the debt scenario can be managed via credit and rate level management. He also seems to think inflation is the driver for higher rates later ignoring other drivers!!! This would be consistent with a narrow banker viewpoint!!

John, as presumably a broader economist may well argue Chris's viewpoint is a little narrow and other factors need to be taken into account regarding the economy and the debt levels as well as the drivers and cause and effect of interest rate levels.

Chris seems to think issues would arise in a global meltdown which would be convenient for a central controller given an excuse becomes available. John independently seems to think issues can arise in Australia separate to a global downturn which seems justifiable. Is Chris conveying the thoughts of puppet masters in the global hegemony searching for external impact to create a downturn and adjustment/reset which otherwise arguably would be inevitable from other viewpoints anyway???