Wheels coming off

If you were to believe eveything you read in the economic times of the world - any pub that yaks about how a sovereign is doing with its money matters you would conclude that there are a lot of spare wheels lying around. Take for example the headlines - Wheels coming off the CHinese economy; The US employment picture is much worse than you think - the wheels have come off the train; Indian economy grinds to a halt etc.. With all this braking and wheel coming off activity I suspect that there is going to be a lot of walking around going on? Could that perhaps reduce the pollution and lead to healthier citizenry that is less obese? Perhaps there is a silver lining to this dark cloud after all? But then the word MALAISE puts a damper on things. There is a lot of that too going on. Greek economic malaise spreads to Spain and Italy - this one seems to be happening faster than the previously mentioned Hanta epidemic. The entire Euro Zone seems to be on the brink of a serious correction - as they run out of options - no wheel seems to fit their caboose and the engine (Germany) wants no part of this train wreck. I suppose you cannot sell enough Greek yogurts or Italian Bruschettas or Spanish Paellas to import the Benzes and the BMWs. So something's gotta give...the world can live without yogurt but not the smell of a new German automobile. Enter the ECB with its promise to lend Euros to those that seek...this with string cheese attached. That makes the Italians furious. Someone had a bright idea to have 1 currency but 18 different owners forgot that not all trucks use the same set of wheels.