RECOVERY BUMMER (CONT’D): German Growth Stalls. “This is obviously a huge problem for the eurozone. Those who think that the euro can muddle through this without losing the periphery have been counting on Germany (and to a lesser extent, France) to deliver a bailout. A recession is going to erode Germany’s economic ability to funnel cash into the PIIGS, but more importantly, it is going to make German voters much less patient with the notion. It’s probably not so great for the rest of us, either.”