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Dire Prediction: 0% Growth

Tuesday, 4 Dec 2012 | 3:31 PM ET

GMO founder Jeremy Grantham predicts GDP growth for the U.S. is likely to be about 1.4 percent, and adjusted growth about 0.9 percent. Discussing whether high growth rates are gone forever, with CNBC's Steve Liesman and Lindsey Piegza, FTN Financial.