The 2008 financial crisis could be just a precursor to a more severe economic fallout on the horizon, closely followed contrarian investor Marc Faber told CNBC on Thursday.
The publisher of The Gloom, Boom & Doom Report told "Squawk Box" he's concerned about the possibility of a new financial crisis developing in the second half of this year.
I'm worried about a crisis bigger than 2008: Faber
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