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Putin says U.S. is a “parasite” on global economy

Posted By admin On August 1, 2011 @ 2:05 pm In Featured Stories,Tile | Comments Disabled

Reuters [1]
Monday, August 1, 2011

(Reuters) – Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means “like a parasite” on the global economy and said dollar dominance was a threat to the financial markets.

“They are living beyond their means and shifting a part of the weight of their problems to the world economy,” Putin told a Kremlin youth group while touring its summer camp north of Moscow.

“They are living like parasites off the global economy and their monopoly of the dollar.”

President Barack Obama announced a last-ditch deal to cut about $2.4 trillion from the U.S. deficit over a decade, avoid a crushing debt default and stave off the risk that the nation’s AAA credit rating would be downgraded.

Full story here. [1]

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URLs in this post:

[1] Reuters: http://www.reuters.com/article/2011/08/01/us-russia-putin-usa-idUSTRE77052R20110801

[2] Putin Calls U.S. a “Parasite,” Demands New Reserve Currency: http://www.prisonplanet.com/putin-calls-u-s-a-parasite-demands-new-reserve-currency.html

[3] Putin Calls U.S. ‘Parasite’ as Russia Buys Its Debt: http://www.prisonplanet.com/putin-calls-u-s-%e2%80%98parasite%e2%80%99-as-russia-buys-its-debt.html

[4] Obama cancels meeting with Russia’s Putin over Snowden decision: http://www.prisonplanet.com/obama-cancels-meeting-with-russias-putin-over-snowden-decision.html

[5] Putin Turns Black Gold to Bullion as Russia Outbuys World: http://www.prisonplanet.com/putin-turns-black-gold-to-bullion-as-russia-outbuys-world.html

[6] Putin and Obama set to spar over Syria arms at G8: http://www.prisonplanet.com/putin-and-obama-set-to-spar-over-syria-arms-at-g8.html

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