I feel sorry for most people who will struggle with higher interest rates, but there are a group of people living it up on debt at the moment and they aren't being at all modest about it. I'm talking about the supercars, champagne, property speculation, designer clothes and all mod cons paid for on credit as though the good times will never end. I won't feel sorry for them, and ironically these people will be the first people to scream injustice when it all goes wrong.