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What Caused the Financial Meltdown?
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<blockquote data-quote="sortaisle" data-source="post: 404802" data-attributes="member: 17605"><p>just about every election year there is a market crisis. no one knows what the next presidency is going to be like so there's always a dip in the market every 4 years unless of course it's obvious that the incumbent president is going to win. Whenever there's a new president, the market dips. The market it very feminine in the way it goes up and down. It's controlled entirely by emotion rather than sound logic. All it takes is one news report of a company doing something wrong and the public reacts by selling everything and causing a slump. Every time there's good news in the market, the market picks up and people buy.</p></blockquote><p></p>
[QUOTE="sortaisle, post: 404802, member: 17605"] just about every election year there is a market crisis. no one knows what the next presidency is going to be like so there's always a dip in the market every 4 years unless of course it's obvious that the incumbent president is going to win. Whenever there's a new president, the market dips. The market it very feminine in the way it goes up and down. It's controlled entirely by emotion rather than sound logic. All it takes is one news report of a company doing something wrong and the public reacts by selling everything and causing a slump. Every time there's good news in the market, the market picks up and people buy. [/QUOTE]
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What Caused the Financial Meltdown?
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