Mark Evans argues this crisis differs because authorities printed money for everyone, not just mortgage lenders. He warns that good times end and leverage always catches up. Show your private-money lenders your books and keep them reassured.
You see any parallels between then and today or is this some completely different. It's different because they printed money this time to the world, to everybody. Back then they were giving 125% mortgages on houses to strippers. In the poll. She owns more houses than I did. And I'm like, wait, this is weird. You should be giving me money, I should be giving you money. But that's the truth, dude, that's like real. There's lots of parallels. There's humans involved. People got very excited and they over leveraged. They didn't keep their head on a pivot because listen, good times don't last forever. And I think people do. Yeah, tough people do it right? But there will be huge opportunities with what's going on as long as you're not over leveraged. I think if you have private money people in your life, you need to start moonlighting them, talking to them, letting them know it's okay, we're still focused. Show them all your books if you need. Do whatever you can to keep them engaged because money, it's going to make you more money right now.
