Warren Buffett: US Recession to be "Long, Deep"

Warren Buffett: US Recession to be "Long, Deep"

05.24.08 posted by jason 308 views no comments
When Warren Buffett speaks about the economy, people tend to take notice. So his comments of today should make those already nervous about the state of the US economy shutter. He said the United States was "already in recession" and added: "Perhaps not in the sense that economists would define it" with two consecutive quarters of negative growth.
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