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it's no good saying 'people' - the problem is which ones. Plenty of people were driving aorund in nice cars during the last bubble, having 'taken to the bank' investors' cash; but the whole setup was totally unsustainable and the people putting in money weren't getting it out. Is it so different this time around?

The source of the money that I am referring to is iPhone users buying apps, not VC money.

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