Why the world’s $3trn ‘shadow’ debt caused a stock market wobble
- Posted on October 18, 2025
- By The Times
- 1 Views
Why the world’s $3trn ‘shadow’ debt caused a stock market wobble
The private credit market, known as ‘shadow banking’, is worth trillions. But a few bad loans caused a sell-off last week, amid fears much of the debt is hidden
