Tailwind: Soft Landing with Resilient Plumbing
- Financial plumbing enhancements 30% more effective at dampening shocks than post-GFC norms
- Market-based finance grows to 55% of credit, doubling liquidity feedback loops
- Collateral regimes expand 20% via policy tweaks, with benefits compounding post-2028
- Volatility stays 20% below consensus amid gradual policy normalization
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