BTC Sessions: Private Credit Is Starting To Look Dangerous | James Lavish & Doomberg

Full Episode:
https://youtu.be/yiFRq1xkK7s

Private credit, rising yields, and relentless government spending are creating stresses that are starting to look increasingly familiar.

Doomberg breaks down why private equity’s growing involvement in insurance and private debt is raising concerns, pointing to “echoes of 2007–2008” while stopping short of saying another global financial crisis is inevitable. The discussion also explores how opaque valuations, rolling debt, and forced asset sales could become a problem if liquidity suddenly disappears.
James Lavish explains why a 5% Treasury yield is not historically extreme — but becomes far more significant when debt-to-GDP is above 100%, deficits remain elevated, and Congress continues spending.
Together, they unpack what bond...