Very much speculative bubbles being popped.  One of the most interesting things was what Dr. Michael Burry (one of the main characters in Michael Lewis&#x27; The Big Short) noted in a recent interview:<p>&quot;The biggest hope I had was that we would enter a new era of personal responsibility. Instead, we doubled down on blaming others, and this is long-term tragic.&quot;<p><a href="http:&#x2F;&#x2F;nymag.com&#x2F;daily&#x2F;intelligencer&#x2F;2015&#x2F;12&#x2F;big-short-genius-says-another-crisis-is-coming.html#" rel="nofollow">http:&#x2F;&#x2F;nymag.com&#x2F;daily&#x2F;intelligencer&#x2F;2015&#x2F;12&#x2F;big-short-geniu...</a><p>And having seen that things like interest only loans are still a thing, and very much still offered and applied for, I would tend to agree.