silicose bubbles

From time to time we talk, in the papers (but for a short time, because of more or less unmentionable) at the end of the speculative bubble in Silicon Valley ties, without ever explaining how it was built. To understand the nature of this bubble, and why experts assume that sooner or later explode, you first need to abandon some prejudices.
The first damage to be abandoned is that the Silicon Valley economy was of liberal type.

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