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Will those afraid Obama is going to take their 401k going to hurt the market by pulling their money out?
01-24-2013, 01:32 PM
Post: #4
ou_sooner_football Offline
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The main problem with the market is banks withholding loans. The bailout is basically sitting with the banks and some banks are actually buying other banks instead of making loans. This is key to the market. Plus I think the drop in the NYMEX will help the economy. America is 70 percent driven on consumer spending(pwr). Low oil prices could revamp the market if the banks will make loans.
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Messages In This Thread
[] - Derek - 01-24-2013, 01:32 PM
[] - SmartA$$ - 01-24-2013, 01:32 PM
[] - ou_sooner_football - 01-24-2013 01:32 PM
[] - svmainus - 01-24-2013, 01:32 PM
[] - Phantomvolcano510 - 01-24-2013, 01:32 PM
[] - weepy - 01-24-2013, 01:32 PM

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