Putin says U.S. is "PARASITE" on global economy

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.

Russian Prime Minister Vladimir Putin answers questions from the audience during his visit to the summer camp of the pro-Kremlin youth group "Nashi" at lake Seliger, some 400km (248miles) north of Moscow

"They are living beyond their means and shifting a part of the weight of their problems to the world economy," Putin told the pro-Kremlin youth group Nashi while touring its lakeside summer camp some five hours drive north of Moscow.