{"content":"⚠️ THE PRIVATE CREDIT APOCALYPSE HAS BEGUN ⚠️ A $1B bond scandal isn’t just a side note — it’s the first crack in a $1.7 trillion shadow banking empire holding the hidden power of modern capitalism. EquipmentShare raised $1B through Goldman Sachs, Wells Fargo, Citi, JPMorgan, and Capital One. All private. All unregistered. No public trace of who owns the debt. Now, with lawsuits over fraud and misuse of funds, those bonds are collapsing. Only the banks know who’s really bleeding. This isn’t a one-off story — it’s 2007 reloaded, just with new players. Then: mortgage CDOs. Now: private bonds hidden inside pension funds, hedge funds, and insurers. Same darkness. Same confidence. Same risk of systemic contagion. Private credit has exploded 6× since 2010, fueled by years of near-zero interest rates. It’s now bigger than the entire U.S. junk bond market — yet completely unregulated. No SEC oversight. No liquidity. No mark-to-market. A trillion dollars built purely on trust — and when trust breaks, everything collapses. If just 1% defaults, that’s a $17B shockwave — equal to 15 regional bank failures. At 5%, pensions and sovereign funds start to burn. The same banks who created it are now sitting on the domino chain. Bloomberg says it’s “isolated.” It’s not. This is the quiet unwind of the post-QE illusion — the moment shadow finance steps into daylight. Every crash starts as “an isolated event.” This time, the isolation is the system itself.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/26/19b348077adda522d11c560922bbb9fe.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}