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by j_baker 3991 days ago
They quote Shiller as saying that we're in a bubble, but then they conveniently leave out another quote:

> But I'm not sure that the current situation is a classic bubble because I'm not certain that most people have extravagant expectations.

Not to mention that Shiller scarcely mentions the tech industry. When he's asked what asset class is the most overvalued, he points to bonds.