http://www.usatoday.com/money/markets/2007-07-18-bear-stearns-hedgefunds_N.htm 
 would have imagined that the implosion of two bear sterns funds would eventually lead to a 40% bear market?
The list of people that were spilling warnings about the housing bubble and its effects is not small. Of course, you are not included in that one.
Indeed, even today, certain ETers like to say, "Subprime? What subrime? Dow should be trading at 14K!"
Go study what transpired at Enron in detail. Now apply that to the entire U.S. economy. It amazes me that you, after all this time, still can't grasp what is going on!! Have you tried remedial kindergarten? Everyone needs to start somewhere. There are alot of people on this board who warned you, and you still think you know more than anyone. Pathetic and poor.