Thread: Vladimir Putin lashes US for economic failures

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Vladimir Putin lashes US for economic failures

Philippe Naughton
Times Online
October 1, 2008

The Russian Prime Minister Vladimir Putin lashed out at the United States today for what he said was its inability to deal with the financial crisis affecting the global economy.

In remarks unlikely to go down well in Washington, Mr Putin was especially critical of Congress’s rejection of a $700 billion bank bailout – a rejection that hit Russian financial markets particularly hard.

“Everything that is happening in the economic and financial sphere has started in the United States. This is a real crisis that all of us are facing,â€

Putin......you and me too. Never believed this "globalization" was a good idea to begin with.........coz ya can't seem to regulate greed.

Originally Posted by Doots

Mr Putin said today that Russia would allocate 175 billion roubles (£3.85 billion) of budget funds in 2009 to support the domestic financial market.

Sounds good to me, take care of your own economy, don't expect Americans to bail you out! Now why didn't he just do the above without even having a press conference blaming Americans?