I remember 1980, and the John Anderson presidential campaign bubble. That didn't work out, but it was mostly because a third party (LaFollette, Henry Wallace, George Wallace, Ross Perot, Ralph Nader) has very little chance in the American system.
Bernie Sanders has a better chance, because even though he is nominally a Socialist, he caucuses with, and works within, the Democratic Party. Democrats are tired of being repeatedly sold out by their leaders and so someone barely within the fold is attractive. Plus, it's time.
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