If subprime was heart of 2008 financial turmoil, future crisis may centre on private markets. Investors have ploughed c. $9.8tn into opaque, unlisted equity, private credit & early stage/venture funding. Could this blow up? Is their enough leverage?
ft.com/content/6de025… https://t.co/Dv4xpzMAjA
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…