[DannyTN]

Apparently there is good money and good publicity in doomsday warnings.

There might be a liquidity crisis coming similar to the one in 2008.

The Federal Reserve already has tools to deal with it if it happens.

Most deposits in banks are insured up to $250,000 per individual per bank by the FDIC. So even if the Federal Reserve allowed the whole scale failure of banks. (Highly unlikely) You’d still get your money back, it just might take a while.

[RoosterRedux]

What led up to the 2008 crash was that loans were being made to people who had absolutely no way of repaying them. Loans were being shoveled out the door because the banks/lenders could sell them to investment banks who would package them together in mortgage-backed bond issues, back them with various "credit default swaps" (guarantees of a sort) to give them the appearance of some viability, and resell them to institutional buyers who were basically playing musical chairs to get higher yields.

It was like junk bonds for the housing market.

That isn't happening right now and there is no big bubble on the horizon.