Putin: US is just as bad as Greece

The next cold war won't be one with missiles and nuclear weapons. It will be an economic war--one of attrition. And one the Russians and Chinese are more than happen to wait out, as the US economy tumbles due to gargantuan debts and deficits.

http://www.theglobeandmail.com/report-on-business/putin-calms-greece-says-us-debt-big-too/article1469868/

Russian Prime Minister Vladimir Putin played down Greece's economic woes on Tuesday, telling his visiting Greek counterpart that the United States were no better than Greece in handling its debt and fiscal deficit.

“As we all know, the global economic crisis started neither in Greece, nor in Russia, nor in Europe,” Mr. Putin told a news conference after talks with George Papandreou. “It came to us from across the ocean,” he said in a clear reference to the United States.

“There (in the U.S.) we can see similar problems - massive external debt, budget deficit,” Mr. Putin added, suggesting Russia and Greece should concentrate on the “real economy” to weather the economic crisis.