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Private Credit Crisis: Lessons from 1929 and the U.S. Economy's 'Cockroach' Problem

1 min read
Source: NPR
Private Credit Crisis: Lessons from 1929 and the U.S. Economy's 'Cockroach' Problem
Photo: NPR
TL;DR

The US economy is experiencing a 'cockroach' problem with the rise of private credit firms, which have grown to a $2 trillion market by offering risky loans, raising concerns reminiscent of the 2008 financial crisis.

Topics:businesseconomy#2008-financial-crisis#economy#financial-firms#private-credit#risky-loans#us-economy
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  1. Unpacking The U.S. Economy’s ‘Cockroach’ Problem  NPR
  2. Opinion | A Private-Credit Winter Is Coming  The Wall Street Journal
  3. Opinion | How Bad Is Finance’s Cockroach Problem? We Are About to Find Out.  The New York Times
  4. Deregulation will pour extra fuel on the private credit bonfire  Financial Times
  5. How Bad Could the Private-Credit Crisis Get? Just Look at 1929.  Barron's

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