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President Obama and Mitt Romney are playing a game of chicken with the American - and, indeed, the entire world - economy. Neither has said how they will steer away from the impending "fiscal cliff" - the $600 billion of tax rises and spending cuts due in January.

Two giants of American economics discuss what happens next: Robert Reich, Secretary of Labor in the Clinton administration and Douglas Holtz-Eakin is the former economic advisor to John McCain.

Plus: why is one of the world's biggest oil producers rationing gasoline?

(Image: Mitt Romney and Barack Obama's pointed fingers, Credit: Getty Images)