Does job Loss Lead to Foreclosure, or Does Foreclosure Lead to Job Loss?

"So here we have a Self-Perpetuating Cycle. The credit crunch and economic downturn is driving weak consumer spending which is jeopardizing the survival of many small businesses... Small business owners are having trouble paying their bills and are defaulting in record numbers on their home mortgages... A significant number of small business owners holding toxic mortgages are in "payment shock" as their monthly mortgage payments skyrocket... Small business owners are struggling to avoid mortgage default... Small business owners are suffering financial distress and losing their homes to foreclosure... Small businesses are cutting-costs and laying-off their employees...The resulting job loss is driving more foreclosures!!!"