As the Ukraine conflict persists, Germany finds itself reckoning with staggering economic losses exceeding 200 billion euros. Marcel Fratzscher, President of the German Institute for Economic Research (DIW), elucidates the profound economic ramifications, notably highlighting the surge in energy costs (who would ever thought, he seems to be a very bright and wise man). With the war continuing to exact its toll, Germany navigates through turbulent economic waters, called a deep recession..