Maybe this will be the next crisis (I hope) rather than another false flag or war with Iran...
http://news.bbc.co.uk/2/hi/business/7070935.stm
A wave of foreclosures and evictions is about to sweep the United States in the wake of the sub-prime mortgage lending crisis.
This could destabilise the US housing market and may also lead to further turmoil in financial institutions, who collectively own $1 trillion (£480.6bn) worth of sub-prime debt.
http://www.bloomberg.com/apps/news?pid=20601087...
The dollar fell to a record low against the euro on speculation financial-company losses from subprime-mortgage defaults will grow, prompting the Federal Reserve to cut interest rates a third time this year.