 something really interesting is happening. Economically, Germany is projected to overtake Japan as the third largest in the world if the International Monetary Fund is right. It's predicting that Germany's GDP will be about $4.43 trillion this year compared to $4.23 for Japan. But if Germany is teetering on the brink of recession, what could possibly be going on? Well, the answer is the yen is almost where it was a year ago, close to a 33-year low against the dollar. Now, that's partly because of the different central bank decisions. As we've already been discussing, the Fed, the ECB, they've hiked interest rates to try and get control of inflation. The Bank of Japan has been working instead to stimulate economic growth. Two very different economies, two very different approaches, it's going to be fascinating to see if the IMF is right and that even if Germany ends the year in recession, it might still end up being larger than Japan.