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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Matt Stoller</author_name><author_url>https://www.nakedcapitalism.com/author/matt-stoller</author_url><title>Germany Slides into Recession | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="izKMXHK6a6"&gt;&lt;a href="https://www.nakedcapitalism.com/2012/09/germany-slides-into-recession.html"&gt;Germany Slides into Recession&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2012/09/germany-slides-into-recession.html/embed#?secret=izKMXHK6a6" width="600" height="338" title="&#x201C;Germany Slides into Recession&#x201D; &#x2014; naked capitalism" data-secret="izKMXHK6a6" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Composite Purchasing manager Index(PMI) data was released overnight for the Eurozone and much like the manufacturing release earlier in the week there was nothing to get excited about. German services collapsed in August to their worst reading since July 2009 and the composite index for the country moved deeper in contraction at 46.3. It now has become clear that the slow-down in economic activity in the Eurozone is biting the export giant.</description><thumbnail_url>http://www.nakedcapitalism.com/wp-content/uploads/2012/09/imgres1.jpeg</thumbnail_url></oembed>

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