Putin says US is a 'parasite' on global economy

LAKE SELIGER, Russia - Russian Prime Minister Vladimir Putin accused the United States on 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."
US President Barack Obama announced a last-ditch deal to cut about $2.4 trillion from the US deficit over a decade, avoid a crushing debt default and stave off the risk that the nation's AAA credit rating would be downgraded.
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use