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Billionaire investor George Soros says the current state of the markets reminds him of the 2008 crisis, reports Bloomberg.

“China has a major adjustment problem. […] I would say it amounts to a crisis. When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008.” Soros made the remarks at an economic forum in Sri Lanka.

Read more here.

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Originally published on Advisor.ca

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