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What might Holden's dropping and shattering of Phoebe's record symbolize on a deeper level?
Now that the record has shattered, the record cannot be played and enjoyed any longer.
Deep down, Holden feels like the broken record is similar to all of his broken relationships.
Holden considers the broken record to be a waste of money.
Holden's fear is that Phoebe, an innocent child now, will eventually become broken in the sense that her childhood innocence will be lost.
Holden fears that Phoebe's disappointment in time will be something he cannot bear, much like the disappointment in the loss of her record.