{
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  "title": "Boomerang",
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  "url": "https://www.leafyquotes.com/michael-lewis/boomerang",
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      "slug": "yet-another-hedge",
      "url": "https://www.leafyquotes.com/michael-lewis/boomerang/yet-another-hedge",
      "text": "Yet another hedge fund manager explained Icelandic banking to me this way: you have a dog, and I have a cat. We agree that each is worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners but Icelandic banks, with a billion dollars in new assets.",
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        "url": "https://en.wikiquote.org/wiki/Michael_Lewis_(author)#Boomerang_(2011)",
        "license": {
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      "added_at": "2026-09-25T22:57:41"
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