Buffett: we’re in recession and it’s getting worse

| 25 June 2008 14:01

This comes from the AP via the Globe & Mail.

U.S. is in recession, and getting worse: Buffett

Also, note that Buffett in this blurb suggests he buys into the peak oil supply and demand argument for oil prices.

Related articles
Perceptions of supply shortfall keep oil prices high, MarketWatch, 25 Jun 2008
Buffett concerned about U.S. ‘stagflation’, Sydney Morning Herald, 26 Jun 2008

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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