Big Bubbles

It is always a disaster when a bubble bursts. After what happen today, I'm really scared. I'm afraid that the next bubble is close and this time, it will be huge.
[Yes, I think that FED might be able to prevent the burst of this bubble from lasting long and from being too painful, but at a significant costs. These could be either much bigger next bubble, or as Paul Krugman thinks, inflation, or both. Be scared, be prepared.]