What Economic Recovery? Russia says the United States is to blame, Putin calls the U.S. a parasite, the world should stop using the U.S. dollar

“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.”-Vladimir Putin, Russian Prime Minister

Russia says the United States is dragging the world down with it, because of its control over the world finance system, and because most of the world uses the U.S. dollar as a reserve currency.

If the U.S. dollar continues to lose value then it can bring down international trade.  Russia, and other countries like China, are pushing for a new form of reserve currency.