🚨 The $3T U.S. private credit market is starting to crack.


In just weeks, three major funds limited withdrawals:
• BlackRock
• Blue Owl
• Cliffwater
Investors are rushing for the exit, but funds don’t have enough liquidity, so withdrawals are being blocked.
This market replaced banks after 2008 and now funds corporate loans, private equity, and AI projects.
If money keeps leaving while the economy slows, credit markets could be the first place the system breaks. 💥
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