Putin called the huge US national debt a ticking time bomb – Sight

the United States is the leading economy in the world, a great power, but they have a lot of unresolved problems, in particular, huge public debt, said Russian President Vladimir Putin at a press conference after the BRICS summit.

“In terms of the election campaign of any current government looks at how to build the tactics of the campaign, and any authority, especially that which goes to the polls, there is always the problem of the unresolved issues. They need to show and explain to their constituents why didn’t this or that. In the United States these problems, even though it is the leading economy in the world, a great power, without a doubt. But many issues are not solved, for example, the huge public debt is a time bomb for the economy of the United States and to the global financial system”, – quotes its words of RIA “news”.

“the Huge public debt is a time bomb for the economy of the United States and to the global financial system”

the budget Deficit of the US rose in August by more than 66%, or 1.7 times and amounted to 107,112 billion compared with 64,412 billion for the same month last year.

In August, the U.S. Treasury reported that the amount of public debt of the United States in the second half of 2016 will increase to 383 billion dollars.

In mid-July in review the International monetary Fund for the US economy it was reported that the US national debt that exceeds 100% of GDP, must be reduced, otherwise, when interest rates stabiliziruemost, it can become a serious burden for the budget.

the Russian President explained that under conditions of the unsettled problems of the country “resorted to the tried and tested system distract voters from his own problems, in this case we are seeing”.

“How to do it? To create, for example, the image of the enemy and to unite the nation in the fight against this enemy. In the case of Russia is more interesting, and, in my opinion, this card is now played. It is a pity that due to the current political problems will be sacrificed Russian-American relations because it disrupts international relations as a whole”, – said Putin.

“Hopefully, when this election, the debate this difficult period of political life in the United States, I hope that there will be a chance to restore relations between Russia and the USA”, – said the President.

Speaking about the election campaign, Putin noted that “sacrificed Russian-American relations in the course of domestic events in the United States” considers “harmful and counterproductive.”

“This is not the first time. Analyze all previous election campaigns – everything is repeated and repeated. I have already said. And then we are still in the ear whispered: “You wait, wait, it’ll pass and things will normalize,” said the President.

“But even it is not funny. But if someone wants a confrontation is not our choice, but then, the problem will be some. We wouldn’t want that. We would like, on the contrary, to seek common ground and work together to find global problems faced by both Russia and the United States, and the whole world”, – concluded Putin.

Earlier, Putin said that it is impossible to use Russia as a bargaining chip in the political struggle to the detriment of bilateral relations, it is not serious.

Press Secretary of the Russian President Dmitry Peskov said that Washington uses the “Russian card” in the electoral process in the United States, Moscow sees frequent manifestations of the “outright Russophobia”.

Official representative of Russian foreign Ministry Maria Zakharova said that the election campaign in the United States, where both candidates constantly mention Russia and Russian President Vladimir Putin, reminiscent of the “tango three together”.