Look you keep putting words in my mouth in a quite rude fashion.

You make this situation confusing by basically arguing against a strawman. Where did I say lenders are a homogeneous group? Where did I say that lenders dont understand risks and interest rates? Im pushing back against the prevalent notion that PEs are somehow hoodwinking lenders into constantly taking losses. Its not happening. Thats it. Feel free to show me data that proves otherwise.

If you just want to do a monologue about PEs and their shenanigans then please by all means do so but dont do it as a reply to my comment. Thank you.