Blame the immigrants, blame the poor

Investment Analysis Clubs Macro Economic Trends and Risks
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From The Big Short:

…and here’s to the next time:

People never learn do they?

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Every demagogue needs a scapegoat. I remember a cartoon, in 74, about a POTUS who was deep in the kimchee, scowling and saying “a goat, a goat, my kingdom for a scapegoat”.

Steve

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