Christine Lagarde must be reading my stack...

Kidding of course, but readers, I told you so first!

Here is her speech at the European Central Bank (ECB) on April 17. Quotes are from this speech:

We are witnessing a fragmentation of the global economy into competing blocs, with each bloc trying to pull as much of the rest of the world closer to its respective strategic interests and shared values. And this fragmentation may well coalesce around two bl…