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Thread: Putin Calls U.S. a 'Parasite' - Putin Slams U.S

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    Default Putin Calls U.S. a 'Parasite' - Putin Slams U.S

    Putin Slams U.S., Makes Deals in China



    (BEIJING) — Russia and China have vowed to make progress on a long-delayed deal on gas sales, as Russian Prime Minister Vladimir Putin sought to boost ties with Beijing while likening the U.S. to a parasite.

    Putin and Chinese Premier Wen Jiabao emerged from a half day of talks and formalities Tuesday pledging to resolve the dispute over the pricing of gas Russia plans to deliver by two Siberian pipelines. Putin was to meet Chinese President Hu Jintao on Wednesday, the second day of a two-day visit. So far deals struck included Chinese promises to invest $1.5 billion in a Siberian aluminum smelter and to put $1 billion into a joint investment fund.

    "Those who sell always want to sell at a higher price, while those who buy want to buy at a lower price. We need to reach a compromise which will satisfy both sides," Putin told reporters.

    In an interview later with Chinese state media, Putin played up cooperation with China and lashed out at the U.S., describing the dominance of the American dollar as parasitic. (Read "Russia's Putin Visits Beijing: Friendly Neighbors or Strategic Competitors?")

    "The U.S. is not a parasite for the world economy, but the U.S. dollar's monopoly is a parasite," Putin said, according to a report on the interview from Xinhua, the Chinese government news agency. Putin said he offered the criticism constructively in a search for common solutions to ease a roiling world economy.

    Putin has frequently tried to use Russia's burgeoning ties with Beijing as a counterbalance to U.S. global predominance. And Chinese leaders have reciprocated the gestures. The Russian leader's trip to Beijing follows his recent announcement that he plans to swap jobs next year with President Dmitry Medvedev, returning him to the top position he held for eight years. Analysts have said that the transition could see Russia tilt further toward China.

    Last week, the two countries squelched a U.N. Security Council resolution condemning Syria for its brutal crackdown on pro-reform protesters that has killed nearly 3,000 people since March. Their vetoes drew heavy criticism from Washington.

    Chinese Premier Wen told reporters that China wanted to push ahead a "comprehensive strategic partnership" with Russia that would safeguard world stability and development. (See pictures of Vladimir Putin as an adventure-seeker.)

    But even as they reach out to each other, strains are evident between Moscow and Beijing in the trade and security issues that have bolstered relations over the past decade. Moscow is unhappy with China's copying of Russian fighter jets and other military hardware and recently announced the arrest of a Chinese man accused of seeking to buy military secrets.

    While trade is booming — rising, by China's count, to more than 39 percent to $35.9 billion in the first half of the year from the same period last year — it's heavily geared toward Chinese purchases of Russian resources. Moscow wants more Chinese investment in Russia itself.

    Efforts to complete the natural gas deal have plodded on, with Russia preferring to link gas prices to oil prices, as it does in Europe, and China wanting a lower price.

    All told, Russian and Chinese officials say deals worth $7 billion are to be signed during Putin's visit, in fields including biotechnology and space exploration.
    Read more: http://www.time.com/time/world/artic...#ixzz1aaEG3eDN



    Putin Calls U.S. a 'Parasite' Over Its Debt



    MOSCOW—Russian Prime Minister Vladimir Putin called the U.S. "a parasite" because of its huge debt load, evoking a term used by Soviet leaders to demonize people who didn't work, study or serve the Communist state.

    In a speech Monday, Mr. Putin said Russia and other countries should seek new reserve currencies to hedge against "a systemic malfunction" in the U.S. Both Russia and China in the past have questioned the dollar's pre-eminence as a reserve currency and its role in international trade and investment.

    Russia keeps almost half its reserves in dollar assets.

    "The country is living in debt," Mr.
    - http://online.wsj.com/article/SB1000...855894302.html

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    @+#? Putin.

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    This is just absurd, US debt is still well within acceptable debt to GDP ratios, and lower than many european nations. Putin and China are parasites.

    Putin has just caught wind of the dissent over the debt by tea party nutters and is taking pot shots while he still can.

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    Quote Originally Posted by BeerBaron View Post
    This is just absurd, US debt is still well within acceptable debt to GDP ratios, and lower than many european nations. Putin and China are parasites.
    I'd rather call China a symbiot than a parasite. If not for the Yanks and their grotesque consumerism, and the American corporations exporting jobs to China because it's cheap, then the Chinamen would never have been on the path to becoming a superpower.

    If there's a demand, there will always be a supplier. Right now, that's China.

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    I fully agree with Putin's assesment of the U.S. That said, China is no better.

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    Quote Originally Posted by ColourBlind View Post
    I'd rather call China a symbiot than a parasite. If not for the Yanks and their grotesque consumerism, and the American corporations exporting jobs to China because it's cheap, then the Chinamen would never have been on the path to becoming a superpower.

    If there's a demand, there will always be a supplier. Right now, that's China.
    Oversimplified. Trade accounts for a relatively small percentage of Chinese GDP growth, and much of it is with Europe. Most of their development is based on domestic industry.

    That said, I do favor cutting them off. We did that for over 20 years. Had Britain and others cooperated, it might've even worked.

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    This is just absurd, US debt is still well within acceptable debt to GDP ratios
    The "acceptable debt to GDP ratio" is not always the preferred area to be in. Governments all around the world prefer to spend far more than they should, so they have bias - and they are the ones who select the inefficient "acceptable debt to GDP ratio". Putin is right. We've spent too much money compared to how much the government has brought in. In the long run our welfare state is unsustainable - I'm talking 20-30 years into the future. We've already made the promises to pay welfare to the younger generations. The only options the government can take are raising the retirement age, decreasing welfare benefits, increasing inflation, increasing taxes or decreasing government spending - and often the Government picks the solutions which are least likely for the public to take notice - they usually go for a little more inflation because the public doesn't usually understand inflation (that's what Putin is talking about and he's right).

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    It's quite obvious that the US citizens are wishing to have a regime change in America, and what with the US administration causing such humanitarian atrocities around the world, I believe Putin and other world leaders should first create a no-fly-zone across America and then financially back rebels to fight their way to Washington and 'take out' Obama.

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    Quote Originally Posted by Captain Blackbeard View Post
    It's quite obvious that the US citizens are wishing to have a regime change in America, and what with the US administration causing such humanitarian atrocities around the world, I believe Putin and other world leaders should first create a no-fly-zone across America and then financially back rebels to fight their way to Washington and 'take out' Obama.
    Might be a better idea for the US to arm Russian nationalists to overthrow Putin and kick out all of the Muslims he's allowed in.

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    Putin is right on many accounts, USA is an economic parasite, the asian markets, south-american backyard markets are free to access for them, this is a colonial legacy. Compared to China, when the west was exploring markets, doping and massacring natives, chinese were smoking british opium. The west should have cut off the trade since long ago, never come into China, southeast Asia. Making USD a global currency greatly eliminates possibility of national protectional barriers, all world currency anchored to american financial policy, making americans able to suck up other countries reserve or destroying their domestic markets by manipulating the international financial markets. 1998 SE Asia crisis is a perfect example. The western mentality is soley based on colonial savagery. As for Russia and China, it is better this will be always an unsurmountable bane between them, to counter-balance the US no need to ally with anyone, just by watching their actions, they are failling themself.

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