After GDP data showed countries within Europe contracted again in the first quarter, Marc Faber, author & publisher of 'The Gloom, Boom & Doom Report, doesn't see the global economy recovering "anytime soon." Bob Parker from Credit Suisse joins the discussion and says that German economy is collapsing dragging with it the whole Euro zone , German economy which is the second exporter in the world after china , has hit a brick wall with 20% contraction in its export
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