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If you think this is just a "US" problem, then you better start reading up on world business, in case you didn't know Japan is now opening up a large Multi Billion dollar crisis package to help them selves out.

Europe is losing it's banks just like the US, not to mention the WW Recession, that can and might go into a depression.

When one country is in a crisis, it creates a domino effect.




Well, crudely put, if the US is in trouble, the world suffers, because the US has made some shitty deals.
And in Europe, most people are not "afraid to lose their home" because our markets are / were not as shoddy as the US markets.