The reason they aren't telling full truth is because the outcome is worse then losing some money in the markets. They will lie, inflate markets, do whatever it takes to keep everything going. If we do crash like 2008 its depression time and most of us will be asking for handouts if not killing each other in order to eat.
Just don't think that time is here yet. Close.. but not until China and India become more like us. They will power the world forward for a few more years before Armageddon.