Markus Krall: Europe at epicentre of current crisis as we could be facing severe recession

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It’s been a turbulent week for global markets – with analysts and investors warning that a downturn could be on the horizon.

Adding to those fears, Germany – Europe’s economic powerhouse – posted negative growth in the second quarter of this year, and looks to be heading for recession.

We asked Frankfurt-based financial analyst Dr Markus Krall for his thoughts on the increasingly ominous signs.

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