NewYok University Professor Nouriel Roubini has issued a warning that the current crisis will go worse. He had stated several successful warnings in the past and main things in his announcement are 
By 2013,  Euro-zone will collapse as policy makers will run out of ideas

 U.S, China, BRIC’s will be hit hard with recession due to   recession in Eurozone and UK.
 War between Israel and the U.S. and Iran that make global oil prices double overnight.”