The Bank of Canada Shocks The Bond Market- w/ guest Robert Asselin
The Loonie Hour
00:00
The Debt Bubble and the Private Sector
Pension funds everywhere are now shifting to the next biggest greatest thing, which is private credit. The only thing that's great about private credit is that there's no market market. So they don't have to mark on their books on a regular basis. If something breaks on the household level, then all of a sudden we're back to another like 2020 kind of bailout taking place.
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