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by goldylochness 95 days ago
is this not the subprime mortgage problem all over again?
1 comments

Same basic issue, but not exactly the same thing in terms of sector or potential impact. The sub prime mortgage delinquency rate remains low as home loans became much more strict after 2008. So that portion of the economy is relatively safe right now. PE is a much smaller market and so the fallout from a private equity collapse, while significant, would theoretically be less likely to negatively disrupt the total market to the same extent as the 2008 housing crisis.