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Thursday, March 31, 2016 3:29:43 PM
Then they need toxic loans to stay in business.
Then the toxic loans dump on retail.
Then retail gets wiped out.
Then they find a new great business to get into, but it loses money.
Then it repeats.
“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken
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