Coming Financial Collapse Moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Coming Financial Collapse Moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Box-By-The-Riviera™ who wrote (567)	8/24/2001 10:34:03 PM
From: EL KABONG!!!	Read Replies (2) of 974

quote.bloomberg.com Warren Buffett Sees 8-Year Economic Slump, Business Week Says By William Selway New York, Aug. 23 (Bloomberg) -- Billionaire investor Warren Buffett thinks the U.S. economy will remain in a slump for eight years, Business Week reported, citing unidentified people who have met with Buffett. The chairman and chief executive of Berkshire Hathaway Inc. thinks the U.S. economy will remain in a standstill because of a ``hangover effect'' related to the swift pace of growth in the late 1990s, the magazine reported. Spokespeople for Buffett declined to comment on his forecast, the magazine said. The U.S. economy grew in the second quarter at the slowest rate in eight years as business investment slumped. The Federal Reserve Tuesday lowered the benchmark U.S. interest rate a quarter of a percentage point, its seventh cut this year, and analysts expect lower borrowing costs to bolster spending later this year. KJC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next