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Yes, something is happening!
Noticed that the 'repo' rate spiked to 10%, when normally it is around 2%. The FED has had to intervene with 200 billion dollars over 4 days to boost bank reserves and lending. This was happening before the 2008 crisis.
Of course Federal Reserve Chair Jerome Powell was quick to down talk any concerns and gave plausible explanations and reassured the market that the FED saw NO implications.
Nothing has changed since 2008, it has become considerably seriously worse as the financial institutions have not been reformed and continue with their disastrous trading practices/policies!
RE: Financial Armageddon is taking place in the "Fiat World" right in front of our eyes and apparently most people don't seem to give a sh*t.!!