tinydancer
Diamond Member
Yup somewhere out there pigs are flying and hell has frozen over when you have Vladamir Putin slagging the U.S. for overspending. And before anyone gets angry about this, Russia holds a lot of U.S. bonds.
Just amazing. A Russian leader giving America economic advice. Who thought we'd ever see this day coming?
Meanwhile back in the U.S. the Communist Party of America has given its official endorsement of Obama and the Democrat Party for 2012. Saaaaawwwwwweeeeet!
Russian Prime Minister Vladimir Putin has launched a scathing attack on the United Stated and accused them of being a 'parasite' on the world economy.
Putin said the superpower was living beyond its means 'like a parasite' and said dollar dominance was a threat to the financial markets.
The remarks from Russia - one of the world's strongest emerging markets - comes amid speculation that the struggling U.S. will this week have its AAA credit rating downgraded.
'They are living beyond their means and shifting a part of the weight of their problems to the world economy,' Putin said.
'They are living like parasites off the global economy and their monopoly of the dollar,' he told the pro-Kremlin youth group Nashi today.
AND THIS
But Putin, who has often criticised the United States foreign exchange policy, noted that Russia holds a large amount of U.S. bonds and treasuries.
'If over there (in America) there is a systemic malfunction, this will affect everyone,' Putin told the young Russians.
'Countries like Russia and China hold a significant part of their reserves in American securities ... There should be other reserve currencies.'
U.S. debt crisis: America is a 'parasite' on the world economy, says Vladimir Putin | Mail Online
Just amazing. A Russian leader giving America economic advice. Who thought we'd ever see this day coming?
Meanwhile back in the U.S. the Communist Party of America has given its official endorsement of Obama and the Democrat Party for 2012. Saaaaawwwwwweeeeet!
Russian Prime Minister Vladimir Putin has launched a scathing attack on the United Stated and accused them of being a 'parasite' on the world economy.
Putin said the superpower was living beyond its means 'like a parasite' and said dollar dominance was a threat to the financial markets.
The remarks from Russia - one of the world's strongest emerging markets - comes amid speculation that the struggling U.S. will this week have its AAA credit rating downgraded.
'They are living beyond their means and shifting a part of the weight of their problems to the world economy,' Putin said.
'They are living like parasites off the global economy and their monopoly of the dollar,' he told the pro-Kremlin youth group Nashi today.
AND THIS
But Putin, who has often criticised the United States foreign exchange policy, noted that Russia holds a large amount of U.S. bonds and treasuries.
'If over there (in America) there is a systemic malfunction, this will affect everyone,' Putin told the young Russians.
'Countries like Russia and China hold a significant part of their reserves in American securities ... There should be other reserve currencies.'
U.S. debt crisis: America is a 'parasite' on the world economy, says Vladimir Putin | Mail Online