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- Hacker News
- I'd be more concerned about private credit socializing losses and being bailed out, than bad AI loans leading to private credit problems which then lead to the bailout.
Private credit has a million other problems right now, like bad loans to auto parts dealers[1], iron traders[2], and so many more.
The issue is lack of due process in private credit. THAT is the huge @#$%ing problem.
[1] https://www.bloomberg.com/news/articles/2026-07-28/first-bra...
[2] https://www.bloomberg.com/news/articles/2026-07-31/vitol-car...
by cl42