With Britain facing the prospect of a triple-dip recession America is examining its own austerity policies and looking to us to see what lessons can be learned.

The Huffington Post UK's political director, Mehdi Hasan, was joined on Monday by Zach Carter, HuffPost's senior political economy reporter and Robert Shapiro, economist and chairman of Sonencon to discuss Britain's and the USA's situations.

The debate took part on HuffPost Live and was hosted by Alicia Menendez.