Ex-Goldman CEO Lloyd Blankfein sounds alarm on private credit — warning it ‘smells’ like 2008
Former Goldman Sachs CEO Lloyd Blankfein has warned that the growing private credit market could lead to a financial crisis similar to the one in 2008, potentially affecting retail investors and th…
People can make bad decisions without being allowed to speculate and financialize. Glass-Steagal and other restrictions on investment banking were completely justified.
We shouldn't be restricting what people can or cannot do, especially when we still allow these things but only if the people are rich enough (very unequal playing field in this regard). The government shouldn't exist to protect the public from themselves.
Nah. They can get restricted too.
No. Stop restricting these things. 0 reason to.
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