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Santa Claus appeared in a collective dream shared by The Twelfth Doctor, Clara Oswald, Shona McCullough, Ashley Carter, Albert Smithe and Fiona Bellows. According to the Doctor, Santa Claus represented their subconscious minds trying to break free of the induced dream state and escape the Dream Crabs that were feeding upon them.

Read more about this topic on the Tardis Data Core.
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