The Banking System Almost Collapsed—Here’s What Saved It ???? Raoul Pal

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The entire financial system almost collapsed. Banks, pensions, housing—everything was on the edge of insolvency. Markets down 50%? It could’ve gone down another 50%… and another.

???? The nightmare scenario? A full reset to barter economies—just like Argentina in 2004.

❓ So what saved it?
???? Quantitative Easing. A move that nobody fully understood at the time but became the lifeline of the modern economy.

???? But here’s the real question—how long can this last?

#Finance #BankingCrisis #Investing