Markets began to seize—they weren’t functioning well because everyone was looking to sell assets and secure cash at about the same time. This generated a sharp increase in volatility and a drying up of market and funding liquidity. This demand for cash, or liquidity, was system-wide. It affected both those that wanted more liquidity and those who supply it, such as banks.
Let me therefore congratulate you: you have made a good choice when you invested in your further education and you are today well equipped to face the challenges of a modern world in turmoil. But mind you, you will have to put in the efforts to develop your talents.