The last year that home prices have fallen the way they are today was 1941: the year the United States entered World War II. What happened to spur this downward spiral that is threatening to push the United States and the rest of the world into recession? Unscrupulous, predatory lenders and the creation of the subprime market. You’ve surely heard of the subprime market, but do you really know how it came to be? The video above explains exactly how the subprime market was created, and reveals how unregulated and often unscrupulous predatory lenders targeted people they knew couldn’t pay. I’m not entirely sure if you would ever see a video like this made in the United States. This highly informative video comes to us from Australia, and is far more objective than the typical U.S. video documentary would be. Entire U.S. cities are being devastated by the predatory lending practices facilitated by Wall Street. It is no longer just inner cities or low-income families being affected. Everyone, from the poor to the wealthy, is being hit by this crisis. Many U.S. economists are now convinced that a recession is inevitable, as the mortgage crisis is FAR from having peaked. In fact, it is just beginning. Amazing … it seems the situation will get far worse before it gets better.