Private Credit UPDATE: Is this 2008 all over again?

Private Credit UPDATE: Is this 2008 all over again?

March 12, 2026 · 50 min

About this episode

The episode discusses the current state of the private credit market and its potential implications for the financial system.

Send us Fan Mail If you read the headlines about Private Credit, it feels like we're on the verge of another Global Financial Crisis. So, are we? In this Private Credit "state of the union" episode, we break down the structural differences between today's private credit market and the pre-GFC banking system, why the "private" in private credit makes it so hard to know how deep the problems actually go, and whether the knock-on effects to pensions, banks, and public markets could make t...

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