Major fuckery afoot

For the first time in history, BlackRock is halting the amount people can withdrawal. This is a major red flag. Something big is coming.

BlackRock just froze $1.2 billion in withdrawal requests at its private credit fund.

Here's what happened:

• Investors in BlackRock's $26B fund asked to pull out 9.3% of their money

• BlackRock said no — capped withdrawals at 5%

• Blackstone's $82B fund saw record withdrawal requests the same week

• Blackstone had to put in $400M of its own cash to cover the exits

Two of the biggest funds on the planet are limiting how much you can take out.

https://citizenwatchreport.com/for-the-first-time-in-history-blackrock-is-halting-the-amount-people-can-withdrawal-this-is-a-major-red-flag-something-big-is-coming