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A comment on Vanguard Is Growing Faster Than Everybody Else Combined. Parent comment

Re:Vanguard Is Growing Faster Than Everybody Else Combined by rsync on Wednesday April 19, 2017 @11:49AM (#14148581)
"Money is cheap at the moment because growth is low, and that in turn means risk premia are lower and so on"

Maybe. Money is cheap if you are a bank or a government backed borrower (like a conforming mortgage loan in the US).

If you have collateral, like the car you're borrowing against, money is kind of cheap ... also if you have a perfect credit history.

But I am not so sure that money is cheap right now out in the real world. If you are a new business with no track record or a consumer with poor credit history I think money might be quite expensive for you ...

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Re:Vanguard Is Growing Faster Than Everybody Else Combined by lmm on Wednesday April 19, 2017 @12:12PM (#14148834)
> But I am not so sure that money is cheap right now out in the real world. If you are a new business with no track record or a consumer with poor credit history I think money might be quite expensive for you ...

Really? My understanding was that (non-mortgage) subprime lending was higher than ever, business loans were cheaper than ever...

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