It will. Banks absorbed creditors' risks and lend them money for mortgages anyways until 2007. The financial crisis caused the government to bail out the banks,

It will. Banks absorbed creditors' risks and lend them money for mortgages anyways until 2007. The financial crisis caused the government to bail out the banks, whose risk increased because they ate up all the mortgagee's risks. Now the governments are beginning to see problems, and the central banks are absorbing the risks. I think what happens next is the crisis with government bonds spreading from Greece to bigger nations and affecting the U.S., but the crisis will be aborted by central banks, somehow, eating up all the risk. The central banks' risks will in turn eventually be absorbed by currencies, which, when stressed too much, will fall apart and hyperinflate. I think signs of stress include overpriced assets, and volatility of value. A lot of this is my own observations, so take it with a grain of salt.