"There's Never Just One Cockroach" Credit Crisis Incoming | Richard Dias
Mentor Sessions Ep. 058: Private Credit Breakdown, US Economic Risk, Canada Collapsing, Bitcoin vs CBDC | Richard Dias
$1.8 trillion in private credit — and the cracks are already showing. Richard Dias, macro strategist and co-host of the Loonie Hour, lays out exactly why the next financial shock may already be in motion.
Rich breaks down how decades of easy money built a private credit empire — and why rising rates, fund gating, and hidden markdowns signal the unraveling has begun. You'll learn why this rhymes with 2008 but hits differently, what central banks will likely do when it blows…
The skinny
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