Bank of France Warns Private Credit Market Echoes 2008 Subprime Crisis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Bank of France warns that the $1.5T private credit market mirrors the 2008 subprime crisis. Its opacity and securitization make tracking defaults difficult. While AI and tech exposure increases risk, banks are less heavily indebted today than during the previous financial crash.
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