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4min chapter
Global Macro: The Next Era of Market Growth ft. Ben Miller
Real Vision: Finance & Investing
The Leverage Landscape: Banks vs. Private Credit
This chapter explores the intricacies of leverage in the financial system, specifically contrasting private credit with traditional banking practices. It highlights the risks associated with high leverage, the impact of rising interest rates on debt servicing, and the potential opacity in private credit that raises systemic risk concerns.
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