The PIK toggle largely disappeared in the wake of the credit crunch, though in early 2013 there were signs of a tentative comeback.
ðə pˌiːˌaɪkˈeɪ tˈɑːɡəl lˈɑːɹdʒli dˌɪsɐpˈɪɹd ɪnðə wˈeɪk ʌvðə kɹˈɛdɪt kɹˈʌntʃ, ðˌoʊ ɪn ˈɜːli tˈuː θˈaʊzənd θˈɜːtiːn ðɛɹwˌɜː sˈaɪnz əvə tˈɛntətˌɪv kˈʌmbæk.