found on reddit, decided to put it in text to make it a bit easier to understand.
The Island of Misfit Toys is a concentration camp.
Rudolph and Santa are the "Red Army" that liberates them.
Japan is the abominable snowman... he comes in fucking everyone up, but then gets a rock dropped on his head, and becomes friendly when his teeth (weapons) are removed.
Americans are the guy with the ice pick looking in everyone else's land for silver and gold.