Former French Economy Minister and former managing director of the International Monetary Fund (IMF) Dominique Strauss-Kahn , poses during a photo session in Paris on September 6, 2018. / AFP / JOEL SAGET
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The world is less well-equipped to manage a major financial crisis today than it was a decade ago, according to Dominique Strauss-Kahn, a former chief of the International Monetary Fund. In an interview with AFP, the now-disgraced Strauss-Kahn, who ran the fund at the height of the 2008 financial meltdown, also said rising populism across the world is a direct result of the crisis. Q: Ten years on, are we better-equipped to deal with a crisis of such a magnitude?Q: Do you believe that Donald Trump's election is a consequence of the crisis?A: One of the consequences of the crisis has been completely underestimated, in my opinion: The populism that is appearing everywhere is the direct outcome of the crisis and of the way that it was handled after 2011-2012, by favoring solutions that were going to increase inequalities.
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