It’s kind of an odd riposte. You’ve got export-dependent Germany there sitting apart from the world economy (dropping depth charges, maybe?). I’d say the ”too big” part refers to debt, but Germany’s public debt is bigger than Spain’s. I’m not sure why America is there; it grew faster than Germany in the year to the first quarter of 2012 (luckily for the Germans, who are net exporters to the American economy). Germans: A boat apart? | The Economist.