Scott Patterson
@pattersonscott
Those of us who were around in 2007-08 remember this deleveraging dynamic pretty clearly. wsj.com/articles/SB120…
Kieran Goodwin@kieranwgoodwin · Apr 27, 2023wsj.com/articles/banki…
1) This article explains some of the risks of shadow banks but misses a huge risk.
It fails to mention that all private credit funds use leverage in order to be able to generate net returns of 8-10% to their investors. @boazweinstein
Open quoted post →1) This article explains some of the risks of shadow banks but misses a huge risk.
It fails to mention that all private credit funds use leverage in order to be able to generate net returns of 8-10% to their investors. @boazweinstein
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