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Former Treasury secretary says odds of a recession are "very close to half and rising"
Larry Summers, who served as Treasury secretary under former President Bill Clinton, joined "The Situation Room with Wolf Blitzer and Pamela Brown" and compared the U.S. economy to "being in the back of a car where the driver is weaving wildly." He also said the rising price of gold is "a sign of the amount of uncertainty" elsewhere.
05:23
- Source:
CNN
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