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A 'parasite' on world economy.

Business Recorder

| August 08, 2011 | COPYRIGHT 2002 Emmayzed Publications (PIT) Ltd. (Hide copyright information)Copyright

Some of the world leaders can be very blunt when making a point before their audience. Prime Minister Valadimir Putin who was previously President of Russian Federation, is generally very outspoken when expressing his opinion on issues that irritate him.

Speaking to a group of youth in central Russia, he accused the United States of acting as a "parasite" on the world economy by accumulating massive debt that threatens the global financial system. Elaborating his point of view further on the US economy, he asserted that "the country is living on debt. It is not living within its means, shifting the weight of responsibility on other countries and in a way acting as a parasite." This was not the first time that the former KGB official was so critical about the external sector …

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