Does Private-Credit Smoke Mean Financial Fire?
Does the rapid growth in non-bank lending pose a threat to the stability of the financial system? While the current chair of the US Securities and Exchange Commission insists that it does not, there are growing signs that something is rotten in the state of private credit.
Original Source
Read the full article at Project-syndicate →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.