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US Crisis Worse than 2008

Mon 15 Aug 11 | 05:00 AM ET
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US Crisis Worse than 2008

Mon 15 Aug 11 | 05:00 AM ET
"2008 was more of a crisis of liquidity. This time is much more structurally worse, because we do not have much in the way of ammunition at the Fed," JJ Burns, president of JJ Burns and Co, told CNBC.
 
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