The 2008 crisis wasn't about stocks falling. Banks stopped lending to each other, freezing the plumbing that moves money: ATMs, payroll, overnight credit. Governments had to inject trillions in days to unfreeze it.
The real danger in 2008 was never about falling stock prices and all of that. That happened as a result. Honestly, that's just the part that the, you know, you see it on TV. Oh my God, the stock market. Woo. So everybody like, remember when the stock market crashed? No. The true emergency that had people afraid about that was happening in the plumbing. The banks again stopped trusting each other. They refused to lend to one another even overnight for hours. Everything froze up. And it stayed frozen. It's not like, okay, a recession is coming. It was more like the ATM stopped working, payroll stopped running. Basic mechanics for money grinding, it just took a halt. That's why they came in and moved heaven and earth, trillions of dollars in a matter of days, not to save the stock market. They were not trying to save the stock market. Y'all gotta get this because it's happening again. Comment webinar and I'll give you information about my free live webinar.
