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It's not really a dotcom 2.0 until your parents' retirement is heavily dependent on unicorn valuations. If the "bubble" were to burst now the implications for the broader economy are nothing like what they were 15 years ago.



Well, that issue luckily never happened in Germany anyway (our retirement isn’t in funds, but it’s a rollover system).

But the general economy would still have issues, startups are one of the few things in the US still running profit right now.




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