Well, if you look at the cycle of wall street crashes, you will see a general 10 year trade, which has reduced to about 7-8 years.

Given that the last crash was in 2008, it stands to reason that the next one will be 2015-2016.

I don't think the US can take another hit like that, especially any prolonged credit seizure.

It will most likely be a general correction of the inflated value in the markets and a recollapse of key housing markets.