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"About 118 P2P lenders have failed in July, the most since 2016" -- 200+ funds failed in Aug. 2016. "Shakeout’s impact on the financial system has been limited
by pishpash 8y ago
"About 118 P2P lenders have failed in July, the most since 2016" -- 200+ funds failed in Aug. 2016.
"Shakeout’s impact on the financial system has been limited" -- because bond holders are individual investors; it will depress future demand, but no systemic risk.