This is the start of a big crisis for private credit, says Verdad's Rasmussen

It's the latest sign that the private credit world could be facing a reckoning. Joining us now is Dan Rasmusen. He is founder and portfolio manager at Verdad Advisors.Dan, it's good to have you on here. It's, you know, in the months that we've been talking about this issue as it's flared up. You can find folks that say, "Look, this is the front edge of a systemic credit issue the markets are going to have to deal with all the way to the other end saying it's just a little bit of a liquidity mismatch, just k ...