US banks' private credit loan exposure nears $300B

(moodys.com)

19 points | by gmays 20 hours ago ago

7 comments

  • sebast_bake 19 hours ago ago

    "Historically, rapid loan growth at US banks has preceded asset-quality deterioration... the negative effects of which may only become apparent years later and typically during economic downturns."

    Chat, are we cooked?

    • rapjr9 7 hours ago ago

      If this is being recognized as a systemic problem should not the government step in and regulate? Why do they have to wait until after a crash to do anything? Just a statement that there will be no bailout could moderate behavior.

    • ta9000 19 hours ago ago

      Probably, could explain why central banks and investors have been stocking up on gold and crypto even as interest rates decline.

      • 3abiton 18 hours ago ago

        > Probably, could explain why central banks and investors have been stocking up on gold and crypto even as interest rates decline.

        The main purchaser of gold in recent months has been countries like Turkey. I don't think the gold rush is informative.

        • super256 17 hours ago ago

          The main buyers of gold in recent months have been Asian Central banjs, as China is building its own Fort Knox. China alone bought 5t gold this quarter.

      • actionfromafar 18 hours ago ago

        And why the White House is selling seats in the East Wing bunker?

  • more_corn 19 minutes ago ago

    Is this the sign the bubble is popping?