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“Defund Harvard.” Elise Stefanik & Gary Gensler 4/16/25

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CHAPTER

Analyzing Private Credit and its Risks in Today's Market

This chapter explores the relationship between the private credit market and traditional banking, emphasizing the associated risks as the economy approaches a potential recession. It highlights the advantages of non-bank finance while stressing the need for vigilant monitoring of private credit's impact on the economy.

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