Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means “like a parasite” on the global economy and said dollar dominance was a threat to the financial markets.
From Putin says U.S. is parasite on global economy | Reuters
Putin is an awful proto-despot that is holding back both political and economic development in his country. But his comments on the dollar should be a warning. The way the Tea-Party wing of the GOP is acting, they are actively hurting the ability for the US economy to repair itself.
