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IPFS News Link • Propaganda

Warren Buffett: "We will not have a double-dip recession at all"

09-13-2010 • Businessinsider.com/

“I’ve seen sentiment turn sour in the last three months or so, generally in the media,” Buffett said. “I don’t see that in our businesses. I see we’re employing more people than a month ago, two months ago.” Buffett of course is extremely diversified, from finance, to housing, to rail (we noted last week that he's probably up $14 billion already on his Burlington Norther bet), so there's really no slice of the economy he can't see firsthand. If he thinks the real economy isn't matching the gloomy rhetoric, that's to be taken seriously.

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Reported By Jack Gregson

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