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This is a character whose greed knows no limits. He controls huge outlet-chains, but instead of producing in his own country he doles out manufacture to underdeveloped or dictatorial nations and imports wares for a pittance, thus ruining local enterprises who cannot compete because they pay decent wages to their staff. As a result unemployment soars and money to buy consumer goods, even the cheapest, becomes scarce. In the end he will find himself and his political croonies sitting on a mountain of gold while dying from starvation.
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