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There's a decently high chance of a hard landing from the Fed, says Austan Goolsbee

Mick Mulvaney, former acting White House chief of staff, Austan Goolsbee, former CEA chairman and Booth School of Business professor, and CNBC's Rick Santelli join CNBC's 'Squawk Box' to discuss what's causing a downturn in the markets.

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