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Money Supply Is Falling By Most Since Great Depression | Danielle DiMartino Booth
Forward Guidance
The Importance of Dry Powder in Private Equity
The possibility that private equity bails itself out is there. The question though becomes one of what kind of scrutiny will politicians potentially, regulators potentially be put under to police this area of the market $240 trillion outstanding compared to 180 trillion in the global conventional financial system. At some point CalPERS is going to have to come out and say, we've marked our private holdings to market. And then Jack, as my lovely mentor Harvey Rosenblum always used to say, and then the peanut butter is going to hit the fan.
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