A Private Credit Crisis Is Possibly Brewing

2026-03-01 06:27:09 ET

The problems that have cropped up in the burgeoning private credit markets remind me of a famous scene in ' Monty Python & The Holy Grail.' This is the long scene that begins with Sir Lancelot charging a castle gate manned by two nonchalant guards. Most of the scene involves Sir Lancelot being way out in the distance but running forward. The guards continued to be utterly unconcerned as they continued to watch Lancelot far off on the horizon until the moment the knight was right on them and slaughtered them in seconds....

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