If you are only 35 you aren't old enough to remember when interest rates were correctly pricing risk. You should see a lot more consequences show up (probably painfully for all involved) as the low interest BS makes way to people actually having to have a high likelihood of generating high positive returns to get funding and those companies that are otherwise profitable retrenching to pay off the overspend from the zero interest years.

I think you are also seeing the effect of the oligopolization of the world stemming from the bad rework of the antitrust laws relaxing antitrust enforcement significantly from the 1970's through now.Any sort of market power is really bad for this kind of behavior because almost noone wants to rock the boat if they don't have to and when you have an oligopoly/monopoly you can abuse you often can hide this stuff in slightly lower but still excessive profits.