Allies See Germany Trying Bailout With a Thimble.

Does the German government simply hate John Maynard Keynes? Or does it just have an enduring and passionate love for Herbert Hoover? Faced with a once-in-a-generation recession, the government of Chancellor Angela Merkel knows what it is not going to do: spend money like it is going out of style. At a time when the global benchmark for decisive leadership boils down to the number of zeros that are attached to economic stimulus packages, Germany has taken a different path. [ABSTRACT FROM PUBLISHER]