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U.S. economy is weakening faster than expectations, says Mohamed El-Erian

Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, Dana Peterson, chief economist at the Conference Board, and CNBC's Steve Liesman join 'Squawk Box' to react to the negative U.S. GDP data during the second quarter.
04:03
Thu, Jul 28 20229:25 AM EDT