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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (75220)2/25/2008 1:18:57 PM
From: ajtj99  Read Replies (1) of 116555
 
Mish, you forgot about people tapping their 401k plans.

For many younger folks, 401k's are not the iron-clad no-touch plans the older generation looks at them as. They are more fluid plans with the younger crowd and looked at like a piggy bank that can be smashed and raided periodically if needed.
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