my private podcast channel
When companies need a loan, traditionally they turn to a bank.
But increasingly they’re turning to financial firms that are not really banks, but do have a lot of cash. This is called the “private credit” market. It has exploded in the past 15 years. It’s now valued at around $2 trillion.
Natasha Sarin, president of the Yale Budget Lab and former Biden administration official, argues that these private credit firms are making risky loans. So risky, that they’ve got her thinking about the 2008 financial crisis.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at considerthis@npr.org.
This episode was produced by Erika Ryan and Alejandra Marquez Janse, with audio engineering by Andie Huether and Josephine Nyounai. It was edited by Adam Raney and John Ketchum. Our executive producer is Sami Yenigun.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
The right-wing governor of Rio state in Brazil has praised Tuesday's controversial anti-gang operation, in which more than a-hundred and thirty people were killed. Claudio Castro said the only victims were the four police officers who died. Two- and- a half thousand police and soldiers took part in the raids against the Red Command. Major gun battles erupted in two Rio favelas in the biggest security operation in the history of Rio state. Brazil's centre-left President Luis Inacio Lula da Silva said he was surprised an operation of this scale was set up without the knowledge of the federal government.
Also in the programme: the Netherlands head to the polls; and a deep dive into presents for US Presidents.
(Photo: Mourners react as people gather around bodies. CREDIT: REUTERS/Ricardo Moraes)
Former Biden Press Secretary Karine Jean-Pierre joins to promote her memoir Independent: A Look Inside a Broken White House Outside the Party Lines—and faces pointed questions about contradictions between her praise for Biden, her criticism of Democrats, and her claim of newfound political independence. Asked what makes her truly "independent," she pivots to abstractions about democracy and compassion, refusing to name concrete policy differences or lessons from 2024. Plus: scarcity and abundance—how prosperity breeds complacency, and why measles could again become endemic in America while poorer nations still fight to get vaccines at all.
Produced by Corey Wara
Email us at thegist@mikepesca.com
To advertise on the show, contact ad-sales@libsyn.com or visit https://advertising.libsyn.com/TheGist
Subscribe to The Gist: https://subscribe.mikepesca.com/
Subscribe to The Gist Youtube Page: https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g
Subscribe to The Gist Instagram Page: GIST INSTAGRAM
Follow The Gist List at: Pesca Profundities | Mike Pesca | Substack
Nvidia's market valuation surged to $5 trillion Wednesday, breaking records. The chipmaker is on fire, and it’s using its glut of resources to invest in other tech firms that need those chips. But if companies are using Nvidia money to buy Nvidia chips … should investors fret about a bubble? Also in this episode: We unpack Trump’s trade agreements with Japan and South Korea, more families skip paid child care altogether, and the Fed cuts rates for the second time this year.
Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.
Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
Democrat Maine senatorial candidate Graham Platner claims that he didn’t know he got a Nazi tattoo in 2007 while serving as a U.S. Marine, saying on “Pod Save America” that he was “very inebriated” and “chose a terrifying skull and crossbones off the wall because we were Marines and skulls and crossbones are a pretty standard military thing.”
“The Democrats are in a quandary. The old guard of Chuck Schumer, Nancy Pelosi, are very worried about this young group of more radical, Jacobin, younger people who want to shut down the government …
“The problem that these people have is they are not in the mainstream of American politics. And so, they have said things in their past before they were candidates—sometimes during—that are incompatible with the majority of Americans’ views on what denotes proper behavior and conduct of a politician or an official.
“For example, Mr. Platner in Maine …
“It was the exact replica, facsimile of the Totenkopf, death’s head, emblem of the 3rd SS-Waffen Division in World War II, a division that was made up of former, at least in its 1939-41 inception, former death camp guards and special Einsatzgruppen group killers of Jews,” argues Victor Davis Hanson on today’s edition of “Victor Davis Hanson: In a Few Words.”
👉Don’t miss out on Victor’s latest short videos by subscribing to The Daily Signal today. You’ll be notified every time a new piece of content drops: https://www.youtube.com/dailysignal?sub_confirmation=1
👉Want more VDH? Watch Victor’s weekly, hour-long podcast, “Victor Davis Hanson: In His Own Words,” now! Subscribe to his YouTube channel, and enable notifications: https://www.youtube.com/@victordavishanson7273?sub_confirmation=1
👉More exclusive content is available on Victor’s website: https://victorhanson.com
👉The Daily Signal cannot continue to tell stories, like this one, without the support of our viewers: https://secured.dailysignal.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices