Credit Bubbles Cost Fortunes In The End
Source: SeekingAlpha
2025-09-29 23:35:00 ET
Years of reckless lending and borrowing are nearing another predictable end: surging defaults and losses. As Oaktree Capital Management’s co-chair and credit specialist, Howard Marks, has noted, “The worst loans are made at the best of times,” when credit and optimism are plentiful....
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Credit Bubbles Cost Fortunes In The End
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