Sounds like we are in the middle of the #privateequity implosion. This is going to get ugly.

https://prospect.org/2026/04/06/private-credit-cartels-crisis-wall-street/

#economy

The Private Credit Cartels

Wall Street wants you to believe AI is to blame for the incipient credit crisis. But the crappy software loans spooking investors are the products of old-economy greed and brazen collusion.

The American Prospect
@dnkboston
They don’t HAVE to sink the economy every seven years or so.
@Osteopenia_Powers But then how will they keep themselves busy?