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US banks' private credit loan exposure nears $300B
- sebast_bake 1y ago"Historically, rapid loan growth at US banks has preceded asset-quality deterioration... the negative effects of which may only become apparent years later and typically during economic downturns." Chat, are we cooked?
- ta9000 1y agoProbably, could explain why central banks and investors have been stocking up on gold and crypto even as interest rates decline.
- actionfromafar 1y agoAnd why the White House is selling seats in the East Wing bunker?
- 3abiton 1y ago> Probably, could explain why central banks and investors have been stocking up on gold and crypto even as interest rates decline. The main purchaser of gold in recent months has been countries like Turkey. I don't think the gold rush is informative.
- super256 1y agoThe main buyers of gold in recent months have been Asian Central banjs, as China is building its own Fort Knox. China alone bought 5t gold this quarter.
- rapjr9 1y agoIf this is being recognized as a systemic problem should not the government step in and regulate? Why do they have to wait until after a crash to do anything? Just a statement that there will be no bailout could moderate behavior.
- more_corn 1y agoIs this the sign the bubble is popping?