Our cinema is showing Mamma Mia! Here We Go Again and I’m reminded of a remark attributed to Mark Twain, that ‘history doesn’t repeat itself but it often rhymes’. On 3 October 2008, three weeks after the bankruptcy of Lehman Brothers, treasury secretary Hank Paulson’s $700 billion bailout for the US banking system was passed into law at the very hour when I was watching the original Mamma Mia! movie and observing the impact of a mass inoculation of feelgood on a crowd battered by frightening financial news.
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