Just Like 2008: Private Credit is the Warning with Ed Dowd - Sarah Westall
Economist and former BlackRock manager Ed Dowd returns to the program to break down what his data is revealing about the true state of the economy. While headlines remain mixed, Dowd warns that the United States may already be on the edge of a deep recession. He points to growing instability in the private credit markets as a major red flag—drawing direct comparisons to the mortgage-backed securities collapse that preceded the 2008 financial crisis. According to Dowd, the warning signs are not just theoretical—they are already flashing. We also discuss what this means for everyday Americans…
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