#9SEP2008
#PrivateCredit #Defaults have hit a record pace, valuation, & volume. Who here remembers what happened last time defaults rose this way??

Think #9SEP2008, under another "regulation-deferred" #Republican administration. As usual, winners & losers were chosen & the #MarketEconomy failed its remit.
September 15, 2026 at 4:09 PM