Seeing a lot of people talking about BlackRock's private credit liquidity crisis, but not many are hitting the key points. Essentially, it’s very likely that BlackRock used high-interest private debt to buy a lot of mismatched-term subprime loan assets. The issue is: short-term debt for long-term investments, and now there might be too many people demanding redemption at the same time. The bigger issue is: the quality of those assets might not be good, with repayment ability and cash flow problems. For example, many high-interest used car loans. So, if you’re in the U.S., don’t blindly trust those so-called high-yield investment products from big banks, private banks, or financial institutions—they’re all just fancy packaging. If you can handle high volatility and high risk, go for the S&P 500 or Nasdaq 100. Over the long term, returns are over 10%, which is pretty impressive. You’re betting on the U.S. economy—if that fails, nothing else will work. Or you can go for low-yield, low-risk Treasury bonds, betting on U.S. credit. If the U.S. loses its creditworthiness, there aren’t many countries or institutions left in the world with credibility. Bitget buying U.S. stocks: instant entry, smooth trading.