Dangerous Borrowing Is creating a Comeback, but Banking institutions Are regarding the Sideline
Dangerous Borrowing Is creating a Comeback, but Banking institutions Are regarding the Sideline This time around the mo ney is bypassing the original, and heavily controlled, banking system and moving through an increasing system of companies that stepped directly into offer loans to areas of the economy that banks abandoned after 2008. It’s called shadow banking, and it's also a key supply of the credit that drives the US economy. The shadow-banking sector in the United States is roughly [...]
