About the business cycle

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This week, we are going to talk about bubbles, specifically, are we in one now? This in't really about growth - its more about the business cycle, but I found it particularly interesting. While much of the podcast focuses on San Francisco, there are obvious parallels to Seattle. Please listen to the following Planet Money podcast (Episode 656: Bubblelicious). What did you find most interesting/surprising? Are we in a bubble?

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