VLADIMIR PUTIN ACCUSED THE U.S. AS PARASITIZING THE WORLD'S ECONOMY

Vladimir Putin accused the U.S. as parasitizing the world's economy

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Russian Prime Minister Vladimir Putin accused on Monday the United States as "parasites" world economy with their debt. Statements were made during a meeting with a youth movement favorable power.

"Country living on credit beyond their means and left part of the debt burden on the shoulders of the global economy. U.S. monopoly parasite using dollar global economy," said Putin, quoted by AFP. The compromise reached at the last minute Sunday night on U.S. debt ceiling increase, but has not yet been adopted by Congress "has only to postpone decisions to solve the problem of substance," Putin continued. With However, he praised "the responsibility and common sense" that proved Washington, which will avoid entering into bankruptcy. "The U.S. economy is the locomotive of the global economy in case of failure, not good" , the he said.

"Some countries, including Russia and China have an important part of their reserves in dollars, but the problem is not there, the problem is that the whole economy (these countries) could be undermined," said Russian Prime Minister.

President Barack Obama with elected Democrats and Republicans in Congress have reached an agreement Sunday night to raise the debt ceiling by an amount of at least 2. $ 100 billion, a measure that would allow the Treasury to keep up either until 2013 or until after the elections in November 2012.

Published 2 years 12 weeks ago
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