MI2 Partners

Jul 25, 2025

The term “scapegoat” comes from a ritual described in Leviticus, where a goat was symbolically burdened with the sins of the people and sent into the wilderness, supposedly taking with it the community’s collective guilt. It’s handy that people have an antipathy toward goats: “scapekittens” or “scapepuppies” just wouldn’t work as well. Over time, the term evolved to describe individuals or groups unfairly blamed for problems they didn’t cause.

A “fall guy”, by contrast, is someone who takes the blame knowingly or is set up to absorb consequences for others, usually as part of a calculated strategy. In both cases, the objective is to deflect responsibility, but the fall guy is more instrumental in the narrative.

SUBSTACK LINK: https://open.substack.com/pub/mi2partners/p/thoughts-from-the-divide-scapegoats?r=1tabqm&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Other posts

Day Hagan/NDR Smart Sector® with Catastrophic Stop Strategy January 2023 Update

BY BRIAN SANBORN
Day Hagan/Ned Davis Research Smart Sector® with Catastrophic Stop strategy, model and allocations update. Read more →

C8 Currency Compass – March 2025 – ‘Trade Wars are Good and Easy to Win’ Pres Trump (2018)

BY JON WEBB
Our January switch to USD weakness has worked well.  The USD models are more neutral now.  US tariffs have had a mixed USD reaction to the various currencies.  The other country's response and context matters. Read more →

Don’t Expect Market Volatility to Go Away Anytime Soon

BY TEMATICA
Why investors will be hanging on Powell's Friday comments Read more →
Back to all posts →