Silicon Investor (SI) -- The First Internet Community

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (18086)	5/6/2007 1:50:14 PM
From: philv	Read Replies (1) \| Respond to of 217938

FWIW, Buffet seems pretty optimistic, and doesn't think the Sub Prime loan problems will affect the overall economy. "Buffet also told shareholders that he thinks the sub-prime mortgage meltdown is a problem for the companies involved, but is unlikely to spill into the overall economy. "I think that's dumb lending and it's dumb borrowing," he said. But he said as long as unemployment and interest rates don't rise considerably, it should not cause widespread problems." newsday.com