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Transcripts For CNNW CNN Newsroom 20110818



europeans and the americans might have to have more central bank intervention into the markets and also said that there have been policy decisions in europe and the united states that have been poor, and then on top of that, that was enough. that was already bad, brooke. then we got some economic reports right here in the united states. slowdown in housing, slowdown in manufacturing, and, you know, not a great report about new jobless claims. basically it all piled on. people ran out of stocks and back into into, you know, safer investments, but, really, it all started in europe. let s go there, richard quest. tell us what you did. we had a pretty awful day on the european markets. the dax in germany, main index in germany was off by 6%. by the close, all the major european markets down 4%, 4.5% and 5%. and the real reason, very much following on your theme, having had fear, worry and concern. now there are facts, and they may not be very strong facts, but as we wil ....

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