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If subprime was heart of 2008 financial turmoil, future crisis may centre on private markets. Investors have ploughed c. $9.8tn into opaque, unlisted equity, p
by trevorboaconstr 4y ago
If subprime was heart of 2008 financial turmoil, future crisis may centre on private markets. Investors have ploughed c. $9.8tn into opaque, unlisted equity, private credit & early stage/venture funding. Could this blow up? Is their enough leverage?