Isnt it funny how the market is repairing itself and oil prices are going down without the bailout?

How is it the republicans say, let the free markets prevail? I say let them.





In my personal opinion, it's exactly what the markets needed, let me correct that, it's what the citizens of America needed. If the markets keep going down, maybe the average American will once again be able to live a decent life in America. The cost of everything was getting out of control. Corporate America thought they were invincible and could do no wrong. I hope enough Americans are now pissed as hell and demand better oversight and a cut in these obscene executive level compensation packages. Most working slobs get paid, they get compensation packages.Isnt it funny how the market is repairing itself and oil prices are going down without the bailout?
Yeah that is what they said the Great Depression was lol ';the market correcting itself';.


Maybe you should have been around back then to provide entertainment.





But hey we don't need trillions of dollars of foreign central banks' and foreign investors' money in our economy anyway riiiight?Isnt it funny how the market is repairing itself and oil prices are going down without the bailout?
It is not correcting itself. Did you not notice that the market dropped, which has been affecting other countries as well?





If something is not done it will create a catastrophic domino effect not only in the US but the world economy as well.






Oil prices are dropping due to expected global economic slowdown - less industrial output, less business traveling, less tourism, etc. In addition, oil was selling at unnaturally high prices. It was only matter of time before the prices corrected themselves.
The market is NOT correcting itself!
irrational exuberance is now seeing a market correction





pure marcoeconomics