Ex-Goldman CEO Blankfein Warns of Risk in Private Credit

Today we're in a where we're in a moment where the banks are doing well and we're not starting out with interest rates of zero. Interest rates are going down. The balance sheets are not great in banking, but for us, it's lower than it has been.So in other words, the official sector has a lot of tools it could use to remedy a bad economy to work on. It doesn't mean it'll be instantaneous, but there are a lot of tools that could be put into service and and the banks themselves are in much better shape. So I'm ...