Are you familiar with carry trade ?
I don’t see how rates can rise much in the US
(maybe .125%) when there are forces going the opposite way.
It may turn out that a 2% long term bond is an amazing return.
The average person will probably never have the opportunity to borrow large amounts at very low rates however there are some simple strategies that
people with good credit can take advantage of today.
People who can least afford it are paying 20%-30% interest on credit card debt and it’s become a way of life for many.
Negative interest rates do pose an interesting concept and paying interest on anything will only be for the poor.
Aside from that, aren’t there American (or other nationalities) owned granite stores who can buy granite from the same sources that the Chinese owned store is buying from ?
What’s going on here. The Chinese owner is working on a smaller mark-up OR the non Chinese don’t know where to buy product….. ??
