Microsoft SQL Server Management Studio causing system freeze

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http://serverfault.com – I'm experiencing very slow response from MSSMS and it causes other applications to slow down. Specially Skype crashes after few seconds from opening MSSMS, showing an error called "Disk I/O Error". I'm regularly using few applications (Sublime text, MS Word, Firefox, Outlook, Skype and one or two other apps) simultaneously. The system works fine when MSSMS is not in use! But as soon as MSSMS is opened, all the apps start to freeze (MSSMS also responds very slow). This problem has been there for about a week now (I haven't installed any apps or haven't made any changes to the system during that (HowTos)