Calling bubbles is hard. For example, take tech startups. In 2011, billionaire Mark Cuban — who won much of his own fortune in an earlier tech bubble — declared that the modern venture-funded startup scene was like a Ponzi scheme. That same year, the Economist warned that irrational exuberance had returned to the tech world,
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via Tumblr Every Generation Needs People Calling “Bubbles” That Don’t Burst
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