From 2002-2008, bank credit relative to GDP was rising steadily every year, but since the financial crisis, banks haven't been the incremental driver—credit growth has just tracked nominal GDP without growing much faster.

factualpending

Speaker

Neil Dutta

Evidence Quote

Bank credit growth relative to the economy from 2002 to 208 I mean it was Rising steadily every single year but since you know since the financial crisis I mean Banks haven't been you know the incremental driver of things I mean it's basically track nominal GDP

Source

Why The 2023 Recession Never Happened | Neil DuttaForward Guidance
Created: 8/12/2026, 6:02:32 PM

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