The ECB’s Christine Lagarde has made a lot of sense in recent times.
Speaking on the current Russia Ukraine war she certainly got one thing right on Putin:
On the above two points she made.
That Putin is motivated by evil forces – yes.
That Putin is terrifying – no (far from it too).
He is a spent force now.
So is his grip on power in Russia.
Putin’s grip on power in Russia is coming to an end.