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Goldman Sachs warns of potential global credit crisis amid $5 trillion private lending boom
Summary by The Nation Thailand
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Goldman Sachs warns of potential global credit crisis amid $5 trillion private lending boom
Goldman Sachs has sounded the alarm over a potential “credit explosion”, warning that global debt — particularly from the private lending sector valued at more than US$5 trillion — could trigger a systemic financial shock if large-scale defaults occur
·Bangkok, Thailand
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