It seems that this is as intended by the government in a bid to shutter the shadow banking market. The government continues to encourage leverage but only throu

It seems that this is as intended by the government in a bid to shutter the shadow banking market. The government continues to encourage leverage but only through regulated means. I wonder what defaulting on shadow loans means. What kind of protections are borrowers actually afforded? To what extent will shadow lenders try to recuperate their loans?