The blame has been pinned, squarely and often, on inadequate oversight of U.S. financial institutions, which created ever more complex and risky mortgage instruments, lured people to buy homes they could not afford, and brought the economy crashing to the ground.
Motion on the Earth does not take place in a vacuum. When one thing moves, it moves through or across another. When a wheel turns on an axle, the two surfaces rub against one another. This is called dry friction. Grease can be used to separate the solid metal parts, but this just reduces the problem to layers within the grease sliding past one another.
On a disk brake, the fluid from the master cylinder is forced into a caliper where it presses against a piston. The piston, in-turn, squeezes two brake pads against the disk (rotor), which is attached to the wheel, forcing it to slow down or stop. This process is similar to a bicycle brake where two rubber pads rub against the wheel rim creating friction.