$2 trillion private credit market faces first real stress test. Blue Owl restricts withdrawals, AI debt machine under pressure. Big Short Michael Burry warns AI data center spending is unsustainable.
Bull Theory @BullTheoryio 🚨THE $2 TRILLION PRIVATE CREDIT MARKET COULD BE FACING ITS FIRST MAJOR BANKRUPTCY. Blue Owl manages about $273 billion in assets. It is one of the biggest lenders behind the AI data center buildout. When companies like Meta, CoreWeave, or Crusoe need billions to build large data center campuses, they often go …