Sunday, August 7, 2011

From Russia with Love: America is a Blood-Sucking Nation

The proverb goes: "Can you draw blood from a turnip, or stone?"

Yet the Russian Prime Minister Vladmir Putin contents himself to lambaste the United States as a blood-sucking vampire leeching of the global economy.

His anemic rationale: "They are living beyond their means and shifting. . .their problems to the world economy."

Yet no one made other ravenous markets purchase our debt or subsidize our spending sprees. In fact, investors across the globe are looking at US Treasury bills as a sound investment in spite of Standard and Poor's recent downgrade of U.S. debt.

If the United States is a vampire, then nations like Russia and China have been more than willing hosts, complicit in our dependence on deficit spending, which they anticipated capitalizing on in the near future.

We shall see who shall walk the night as the living undead in the months to come.

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