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Prof. Robert Engle discussed national and global financial risk

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Excerpt from CNBC -- "We thought that it would take about a trillion dollars to rescue the financial sector in the middle of the financial crisis of 2008. Three or four years later it was about half of that amount during the debt ceiling debate in the summer of '11 and now it's down to half of that again, $350 billion. It really looks like the banks are much stronger than they were anytime in the meantime."

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