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What Michael Bloomberg means for the 2020 Democratic field

(CNN)Two things are true about Michael Bloomberg. Second, he is not someone who wastes money or time on flights of fancy. Both of these facts are decidedly relevant when considering the former New York City mayor’s reported preparations to make a late entrance into the 2020 Democratic primary race. Yes, Bloomberg is driven by ambition. But, he — and his team — see an opportunity. And it’s not hard to grasp where that opportunity lies.

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