Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB

Hi everyone, I'm Nikola Tangen, the CEO of the Norwegian Sovern Wealth Fund, and today we are in particularly good company because we are in Frankfurt with Christine Lagarde, president of the European Central Bank. Lovely to see you, Nikolai. Fantastic. And welcome to Frankfurt. Thank you.

Now Christine, you've been You had a tremendous career. You were running a global law firm. You've been the finance minister of France. You ran the IMF for a decade and now you are steering the monetary policy of Europe.

So thanks for seeing us. It's great pleasure. I heard you recently say that the world now looks a bit like 1929. What is similar? I think the analogy I made was with the 20s, because it's a it's a time when there were major technology breakthroughs that of course we take for granted but which were new at the time, you know, the uh the combustion engine, uh the manufacturing line, uh all sorts of things that just came about together.

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