Christine Lagarde is no stranger to troubled times.
She's navigated debt troubles, wars and a global pandemic.
Her role in public life began in 2005 as France's trade minister.
She led the Finance Ministry during the 2008 financial crisis
and in 2011 she became head of the IMF.
I feel very proud, very moved.
Since 2019 she's been the president of the European Central Bank,
where she's now faced with the biggest energy supply shock in history.
I went to Frankfurt to meet the woman who calls herself Mrs. Crisis.
To discuss the fallout of the Iran war, policymaking in a Trumpian era,
and whether Europe can survive as the old order crumbles.
All right, are you guys ready?
Christine Lagarde, thank you so much for joining us on The Insider.
Lovely to see you, Zanny.
I am hoping you are going to help me make sense of this crazy world.
And I wanted to start, obviously, with the consequences of the war in Iran.
We already know this is the biggest energy supply shock in history.
And you gave a speech just this morning talking about how to navigate such energy shocks.
And I wonder if you could start by telling me how big a deal
do you think this is going to be for the world economy?