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It's like a deja vu of what happened in 2008 but of course the reasons are very different. In 2008, the banks were broken, financial markets were frozen, this time, there are some areas where liquidity has dried up like in bonds but not to the same extent as in 2008.

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    Who said: "Life is what happens when you're busy making other plans."?
    A Paul Simon
    B John Lennon
    C Freddie Mercury
    D Ray Charles