Summary
Economists are worried about possible risks in the private credit market, which is part of the shadow banking system. This area of finance involves lending to companies outside of traditional banks and could create financial problems similar to those seen before the 2008 crisis.
Key Facts
- Economists are concerned about risks in the private credit market.
- Private credit is part of the shadow banking system.
- Shadow banking refers to financial activities happening outside traditional banks.
- The private credit market involves lending money to companies without using banks.
- There are worries that this market could cause financial problems like those seen in 2008.
