Europe’s sinking economy

Europe's GDP numbers have just been released today and they are miserable. They show the Netherlands and France in recession along with the rest of the periphery. And even outside the euro zone, we got some pretty dire numbers out of the Czech Republic as well. A: What's going on? and B: why I am still bullish despite this?
Since this is supposed to be one of those daily short commentaries, I am not going to get into a long-winded piece on the ins and outs of austerity. Suffice it to say that t...

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