Aug 3, 2011

Vladimir Putin Attacks the United States

Vladimir Putin, Russia's Prime Minister, attacks the United State and accused them of being a 'parasite' in the global economy.

Putin also said that the U.S. was living beyond its means 'like a parasite' 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," the PM told the pro-Kremlin youth group Nashi while touring its lakeside summer camp some five hours drive north of Moscow.

"They are living like parasites off the global economy and their monopoly of the dollar," Putin said at the open-air meeting with admiring young Russians in what looked like early campaigning before parliamentary and presidential polls.

The remarks from Russia - one of the world's strongest emerging markets - comes amid speculation that the struggling U.S. will have its AAA credit rating downgraded this week.

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