Bonds From 'Parasite' U.S. Popular With Putin

22nd August 2011, Comments 0 comments

For Prime Minister Vladimir Putin, the United States is a "parasite" because its rising debt weighs on the global economy. For his government, the same debt is the safest possible investment. The country has boosted its holdings of U.S. debt by more than 1,600 percent since September 2006.

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