The financial cycle is never eradicated, nor is financial instability ever really extinguished. On the contrary, financial risk moves like liquid mercury out of certain entities and into others. And increasingly credit-fuelled economies are especially prone toward credit crises.
For more info: https://www.orfonline.org/research/the-changing-contours-of-private-credit-the-market-implications-of-a-seemingly-endless-stream-of-supply-and-demand
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