The repercussions of private credit will be akin to the 2008 financial crisis. While it is advantageous for reputable companies to secure funding through this means, it also poses risks to unscrupulous individuals and entities.
I said this. And I still stand on it. Fired a guy who was very competent because he didn’t do what you want and replaced him with a wimp and we still expect raised rates this year! The MF irony! #FOMC