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Pimco's El-Erian says GDP falling off cliff: CNBC

Fri Nov 21, 2008 9:10am EST

(Reuters) -: Pimco's Mohamed El-Erian on Friday said fourth-quarter GDP is falling off a cliff, in an interview on CNBC. Highlights:

Economy

* says this is a crisis of the system, not within the system -- CNBC

* says we're witnessing a basic redefinition of longterm market landscape -- CNBC



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