### Comment:
We are in a very different economic climate than we were in 2008.. shadow banks had  16 Trillion in Liabilities with only about 8T of liquid money in banks (M2). Shadow banks now have closer 10T now, with 16T M2. There’s no threat of a liquidity or solvency crisis right now.....

### REPLY:
Yea I get it won’t be exactly a liquidity or credit crunch this time because of how the environment is different. That would have to do with why those numbers can appear so different. Im more worried about inflation kicking in that won’t be able to be controlled for the usd because of its global dependence it has now versus then.

### END.