… the U.S. but those two things led to a lot of changes that we've seen take place since then in terms of changes in the investment landscape where we saw Traditional banks [in the US] pull away from making investments in the real economy. and institutional investors, including insurers, life insurers and protection, kind of stepping into that space. (20:21–20:26)
CLAIM
Asserts that traditional banks in the US have reduced investments in the real economy.
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