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Monday, August 01, 2011

AFP: Putin says US a 'parasite' on world economy

AFP: Putin says US a 'parasite' on world economy: "Russian Prime Minister Vladimir Putin on Monday accused the United States of acting as a 'parasite' on the world economy by accumulating massive debts that threaten the global financial system.
'The country is living in debt. It is not living within its means, shifting the weight of responsibility on other countries and in a way acting as a parasite,' Putin told a group of pro-Kremlin youth in central Russia.
US President Barack Obama on Sunday announced an 11th hour debt deal that will allow the country to avoid its first default in history while pushing ahead with a painful austerity plan designed to slash Washington's swelling debt."

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