People proably figure their debt delinquincies are semi-private, and in the past they could just re-fi if they couldn’t afford to pay off their debt.. at some point people are going have to swallow pride and file for bankruptcy… or cut their losses and move somewhere they can afford..surely people won’t take the pride swallowing in stride, so what is going to be the scapegoat? What is going to be the trendy thing to blame here? If everyone starts blaming the same things, it will seem like they are victims of an outside force rather than victims of irresponsibility and greed…