I wasn't clear. I meant: like the mortgage bubble, where money was being invested in junk (like CDOs & CLOs), this new bubble of junk (many VC-backed startups a

I wasn't clear. I meant: like the mortgage bubble, where money was being invested in junk (like CDOs & CLOs), this new bubble of junk (many VC-backed startups and their junk securities) will burst because of the bullish PE guys. Sorry for the confusion.