Shadow Banks: Pension Funds' Risky Bet?

Is your pension safe? Shocking revelations expose a massive £16 billion investment of UK council workers' retirement funds into risky shadow bank loans. As US companies collapse and defaults rise, financial watchdogs are on high alert, fearing a potential global financial meltdown. Are we on the brink of a private credit crisis? Hosted on Acast. See acast.com/privacy for more information.