Want to create an interactive transcript for this episode?
Podcast: The Julia La Roche Show
Episode: #329 Chris Whalen: Private Credit Is a Ticking Time Bomb | Banks Will Take Major Losses in 2026
Description: Chris Whalen, chairman of Whalen Global Advisors and author of The Institutional Risk Analyst blog, joins The Julia La Roche Show for "The Wrap with Chris Whalen." In this episode of The Wrap, Whalen breaks down why GSE release is officially off the table after Trump ordered them to buy back their own debt—a move Whalen calls "politics" driven by midterm election fears. He shares his take on crypto as "a polite form of gambling," explains why he prefers gold over silver despite silver's recent run, and dives deep into the housing market's af...