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Putin calls the U.S. a parasite.

AFP reports:

Russian Prime Minister Vladimir Putin on Monday accused the United States of acting as a "parasite" on the world economy by accumulating massive debts that threaten the global financial system.

"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.

Meanwhile, Michael Schuman provides a more measured analysis of what impact the U.S. debt deal will have on the global economy.