Financial Crisis Risks Mount as Private-Credit Loans Peak, DZ Bank Warns US
Professor Jesper Rangvid warns that rising interest rates could trigger a new financial crisis due to billions in questionable shadow loans, with non-cash-generating private-credit loans now rising to a 14-year peak, as confirmed by Fitch, and DZ Bank also warning of a 'chain reaction' risk to the US economy, with the Middle East war also seen as a potential trigger for an outbreak of the brewing private credit crisis.
