Alice Springs locals say that when you see the Todd flow three times you'll stay for life. In 2018 we had 161 consecutive days without rain so I was doubtful that I would ever see the Todd flow.
But today after more than 2 years here I saw it flow for the first time:
Everyone's a Lender Now: Shadow Banking USA
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*How much private credit has been put in place but isn't in the official
credit total is unknown and very likely unknowable. That means total
systemic risk...
1 hour ago

