How Does the Liquidity Crisis Play Out?

The whole system is obviously so dependent on this chain continuing to operate. What happens when, like you said, at any point, any one of the lenders could just be like, no, pay me? The cascading effects are much more sneaky because it will hit the liquid markets as that's where you get money. As liquidity gets sucked out of the system, prices fall off. Whereas the opposite would happen in 2021 and there's all this money going everywhere and prices went up. It's a complete mess.