Excess Money Makes Mischief
15:19–16:38 · 79s
Henry bluntly addresses risks in the private credit boom, warning that too much capital compresses spreads and pushes lenders up the risk curve—and explains how disciplined underwriting "boxes the risk."
15:19–16:38 · 79s
Henry bluntly addresses risks in the private credit boom, warning that too much capital compresses spreads and pushes lenders up the risk curve—and explains how disciplined underwriting "boxes the risk."
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