Why This Is Different from '08

Why This Is Different from '08
(AP Photo/Richard Drew)

A plunging stock market. The widening shadow of recession. Fed interest rate cuts and government stimulus.

It's beginning to feel a lot like 2008 again. And not in a good way.

For many Americans, the stomach-churning market drops and growing recession talk of the past few weeks – triggered by the global spread of the coronavirus – are reviving memories of the 2008 financial crisis and Great Recession.

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