Credit deterioration continues in the U.S.

First deputy managing director of the International Monetary Fund (IMF) John Lipsky says that credit deterioration is widening and deepening in the United States. He also says that economic policy makers will need to employ decisive and innovative measures to safeguard financial stability (:43)
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Dollar and euro to reign supreme

John Lipsky, first deputy managing director of the International Monetary Fund (IMF) says that despite a decline in the value of the dollar, the US currency will retain its position as the dominant international currency in the future, though possibly sharing the role with the euro. (:27)
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