Justin Wu|3月 08, 2026 12:42
A lot of people blame banks for 2008
But you know real pressure started building before the collapse
In July 2008, oil quietly hit $147 per barrel
Energy costs exploded
Consumers were already drowning in debt
Inflation kept climbing
Within weeks, the system cracked
Lehman failed
Credit markets froze
Panic spread everywhere
S&P 500 eventually lost over half its value
Now oil is rising again while the world sits on record debt
Sometimes it’s not the cause of the crisis
It’s the last push that breaks everything(Justin Wu)
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