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This is an archive article published on August 1, 2011

US acting as ‘parasite’ on world economy: Putin

Vladimir Putin today accused the United States of acting as a "parasite" on the world economy.

Russian Prime Minister Vladimir Putin today accused the United States of acting as a “parasite” on the world economy by accumulating massive debts that threatened to shake global finance.

“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.

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