Banks are Losing Control! Private Lending Hits 15% with Andy Schectman - Sarah Westall

Fringe Radio Network · Mar 29, 2026 · 48m

While the world is distracted by war, the real transformation is happening inside the global financial system. Andy Schectman returns for the Friday Night Economic Review to break down the accelerating shift away from traditional banking. Private lending has surged past 15% of the market, taking share directly from banks—and potentially driving recent moves to loosen banking regulations, freeing up over $60 billion in new lending power, while increasing systemic risk.At the same time, private equity is abandoning software and SaaS in favor of hard assets like energy, telecom, physical metals…