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Rich person says there is little chance of recession

post #1 of 10
Thread Starter 

Yes, its all ok folks, nothing to worry about!

 

I like how the headline is the big news, but then the reality check is the small print below it laughing.gif

 

Chance of renewed US recession 'very low', says Warren Buffett

But billionaire investor reckons that could change if eurozone crisis were to 'spill over in a big way'

 

Warren Buffett
Warren Buffett is presented with a jacket from his old high school after speaking at the Economic Club of Washington. Photograph: Alex Wong/Getty Images

Despite recent signs of weakness, the US economy is unlikely to slip back into a recession, says Warren Buffett.

Speaking at the 25th anniversary dinner of the Economic Club of Washington on Tuesday, the billionaire investor said he saw the odds of a renewed recession as "very low".

But he warned that could change if the effects of Europe's financial crisis were to "spill over in a big way".

 

 

http://www.guardian.co.uk/business/2012/jun/06/chance-us-recession-warren-buffett

post #2 of 10

laughing.gif maybe for him....the rest of us are screwed!

post #3 of 10
Thread Starter 

The recession started last month, he is just in denial.

post #4 of 10
His recession is one less bucket of Xavier at the table...poor WB
post #5 of 10

Can't find this Warren Buffet fellow on my charts anywhere.  Moving on.  LOL

post #6 of 10

Does anyone take what he says seriously anymore? I mean I like the guy for what he came with, but he is kind of like listening to a homeless guy claiming the world is ending. Only in this case it is the total opposite as he is saying the world is not ending. He must have forgot what year it is...

post #7 of 10
Warren Buffett and George Soros are both bastards and I hate them. There, I finally said it.
post #8 of 10

who would pay 3,456,789 to have lunch with buffet...

Hell you can have me for 3.00 the price of a cup of coffee lol..

post #9 of 10
Quote:
Originally Posted by Venom08 View Post

Warren Buffett and George Soros are both bastards and I hate them. There, I finally said it.

thumbup.gif feel better now right?....laughing.gif

post #10 of 10
Quote:
Originally Posted by mjoke View Post

who would pay 3,456,789 to have lunch with buffet...

Hell you can have me for 3.00 the price of a cup of coffee lol..

$3?....thats cheaper than a happy meal

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