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Pimco Chief: This Is A Flight to Liquidity
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NewsMax.com
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November 21, 2008
The market has already registered a huge shock from the projected GDP of minus 4 or 5 percent for the fourth quarter, but the shockwave has yet to register fully in the real economy, says Pimco co-CEO Mohamed El-Erian. 'The markets are telling you there's a cardiac arrest in the system,' El-Erian to...
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