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Stutzer: Financial Crisis Avoidable

Stock markets took an initial hit after many of the nation's crises -- from Pearl Harbor to the Kennedy assassination to the Persian Gulf War. But fundamentally the economy stayed sound. "Initially in a crisis, people just don't know how to react, and they sometimes panic," MICHAEL STUTZER, a professor of finance at the University of Iowa, said. "But eventually cooler heads will prevail."


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