Is this the new Allen tagline of 2023? “Where do banks get the assets from ?” Lol

You’re right - banks practice their fractional-reserve system - ideally low risk, and if high risk there’s new investment banks, credit unions (post Lehman brothers fiasco). We have credit guaranteed schemes by gov’t here up to 70% , but systemic privilege by race.

Equity financing is high risk, high returns. 10x returns or more, but 80% - 90% failure rate. Also lots of systemic issues globally