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Comment by jfb

12 years ago

The most obvious sign that the money sloshing around in the Valley is bubble froth is the number of people saying "this time it's different."

It's never different.

I find that you get better reactions if you refer to it as "the business cycle" or something of that nature.

I mean, around here, the business cycle seems to oscillate wildly, based on investor mood, more than anything else. But what do you do?