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One of the ways you can spot a nonsense conspiracy theory is how easily the boogeymen can be replaced, and how inevitably they are.
Baseless conspiracy theories evolve with the era in which they are being discussed, usually inserting antagonists that presented an immediate or perceived threat in a previous era but have since gone dormant. Free Masons, the Russians, the Jews, neo-conservatives, globalists; in a couple of decades people will be saying that radical Islam had a hand in the assassination of JFK.