Lehman Moment: How 2008 Almost Ended Everything

On September 15, 2008, Lehman Brothers filed for the largest bankruptcy in American history. Within hours, money market funds broke the dollar, interbank lending froze, and the machinery of global credit - the invisible infrastructure beneath every mortgage, payroll, and trade transaction on earth - came within days of complete seizure. What followed was not a recession. It was a controlled demoli...