You'll want to check this article by Jim Willie
Here's a snippet.
Ready to party like it's 1999? And ready for the complete and total destruction of the US dollar?
The usual outcome of busted bubbles is a return to pre-bubble prices. That means at least a return to 1999 housing prices, and possibly a return to 1992 prices if the new collections fail to deliver.
The gigantic rescue platform for mortgages, the official bond refund lending facilities, the flimsy USGovt stimulus plan, these had better be designed as large, really large, because the current housing crisis and mortgage debacle is bigger than anything the nation has ever faced. It will require a remedy apparatus larger than anything ever devised.