Episode 424 • • 1:02:00 - 1:10:38
424: Internet Governance
IMF Article 4 Report, Christine Lagarde, and China Financial Daily
IMF Managing Director Christine Lagarde describes the U.S. economy as "tepid" and discusses the "fiscal cliff" regarding the expiration of tax cuts. During a press conference, a journalist from the China 21st Century Business Herald questions Lagarde about a Peterson Institute book predicting a U.S. bailout by the IMF within eight years. Lagarde dismisses the scenario, citing the IMF's lack of resources to fund such a massive program and praising U.S. "sagacity."