The Journal.

'Eject! Eject! Eject!' Inside the Private Credit Panic

May 6, 2026·21 min·5-min readnarrativebusiness
Podzilla Summary (5 min)
TLDR
The episode explores the rapid rise and sudden crisis in the $3 trillion private credit market, where investors — from wealthy individuals to institutions — poured money into high-yield loans outside traditional banking, only to panic when returns faltered amid AI-driven disruptions to so

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Guest

M

Matt Wirz

narrative on The Journal.

Mentions

Books, people, and resources mentioned in this episode.

People

Matt WirzRyan KnutsonMark LipschultzDoug Ostrover

Companies

Blue Owl CapitalApolloBlackstoneKKRAriesBarings

Products & Tools

Claude

Topics

BankingBusiness NewsEconomicsFinancial IndependenceFintechInvestigative JournalismStartupsVenture Capital

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