but thinking about this. >> nanci jacklin, former u.s. executive director at the imf. you talked about countries needing to use all of their tools to promote growth. i think we all know of the world continues to rely exclusively on monetary policy, the story is that going to have a happy ending. so now we have another crisis that we've got headwinds for the u.s. and the global economy. the question is whether this crisis is sufficient to be able to deal with the political paralysis in the major industrialized countries in dealing with fiscal issues than trying to create some kind of fiscal policy complement to monetary policy. do you see anything in terms of the upcoming meetings to give you enter on economic and political environment to see any hope at all and in fact dealing with headwinds as opposed to letting them down. >> earlier this year we had a g20 finance ministers meeting in shanghai and just a few weeks ago we had a g seven meeting in japan. we discuss these issues at considerable length in the communiquÉ out of shanghai reflect to a new consensus. it refle