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Why private credit is creating major concerns among economists [View all]
video (w transcript)
Investors and economists are warning about a piece of the financial system that could pose a risk that is potentially similar in ways to the housing crash that preceded the financial crisis in 2008. It’s part of what's been called the shadow banking system: the private credit market, an alternative type of lending to companies that doesn't involve traditional banks. Paul Solman explains.
https://www.pbs.org/newshour/show/why-private-credit-is-creating-major-concerns-among-economists
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