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But we saved everything 🙂.
Dave Collum expresses concerns about the close ties between private equity and private credit. He describes their relationship as incestuous and suggests that such proximity is not a natural situation and may have poor outcomes.
Collum references remarks made by another expert, shared for those skeptical of his earlier warnings about the risks associated with the alignment of these financial sectors.
Collum previously likened the relationship between private credit and private equity to a potential collapse event. He has also flagged possible increases in life insurance premiums for Annual Renewable Term policyholders. The latest comments add to a series of warnings he has issued on financial sector risks.