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Dec 1: Dominique Strauss-Kahn on fiscal stimulus and Barack Obama

Part 2, December 1 2008: Dominique Strauss-Kahn, managing director of the International Monetary Fund, talks to Chrystia Freeland, US managing editor, about the response of the richest countries, and especially the United States, to the economic crisis. Mr Strauss-Kahn says that their approaches are now correct, but that the IMF estimates the requisite global fiscal response at 2 per cent of GDP, or $1.2 trillion. He also discusses debt, the vagaries of the US dollar, increasing consumption and why the rest of the world sees the election of Barack Obama as a good thing.