Nouriel Roubini: Risk in the Age of Bank Failure
Real Vision: Finance & Investing
00:00
The Trilemma Faced by Central Banks
Dr. Rubini: We're at the beginning of a much more severe financial instability. Shadow banks, private equity firms, private credit, CLOs, leverage loans, hedge funds, and you name it, that were massively leveraged already start to go bust. The stress is on the non-banking, shadow banking system are going to lead to massive collapse of major institutions,. small and large.
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