Eurodollar University Inside the $1 TRILLION Shadow Banking Bomb That’s About to Blow
Dec 9, 2025
The podcast dives into the turbulent world of private credit, highlighting ongoing debates and market uncertainties. It discusses the opaque lending practices that could lead to significant disappointments as valuations come into question. Comparisons to 2008's financial crisis reveal alarming similarities in risk structures. Transparency and audits are deemed crucial for restoring confidence. The conversation also covers the substantial risks shadow banking poses to both the financial system and the real economy.
AI Snips
Chapters
Transcript
Episode notes
Opacity Is The Core Problem
- Private credit operates in the shadows because non-depository lenders are not subject to bank disclosure rules.
- That opacity makes valuations and true exposures unknowable and risky when the cycle turns.
Push For Honest Audits Now
- Demand audited samples and greater transparency from private credit providers.
- Opening the books or sampling portfolios would reduce the damaging speculation.
History Repeats With Different Collateral
- The last crisis hid bad mortgages in off‑balance sheet repo-funded structures.
- Today similar wholesale funding supports loans to zombie firms and securitized consumer credit.