white house warns of us debt armageddon, page-7

its actually debt Obamageddon

The latest GEAB spells it out

At this stage, LEAP/E2020 can confirm that the next stage of the crisis will really be the "Very Serious Breakdown of the world economic, financial and monetary system" and that this historic failure will occur in autumn 2011 (3). The monetary, financial, economic and geopolitical consequences of this "Very Serious Breakdown" will be of historic proportions and will show the crisis of autumn 2008 for what it really was: a simple detonator.

http://www.leap2020.eu/GEAB-N-54-is-available-Global-systemic-crisis-Autumn-2011-Budget-T-Bonds-Dollar-the-three-US-crises-which-will-cause_a6340.html

forget about GFC we are coming up to VSB