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IPFS News Link • Economy - Recession-Depression

Speculation Grows That Warren Buffett Is "Bracing For A Recession" -

• http://theeconomiccollapseblog.com by Michael Snyd

The Biden administration is trying really hard to convince us that the U.S. economy is doing just fine, but the numbers just keep getting worse and worse.  Consumer confidence is plummeting, large corporations are conducting mass layoffs all over the country, and major retailers are really struggling right now.  Meanwhile, some of the smartest guys in the financial world are making moves that would only make sense if the economy was headed for big trouble.  Earlier this month, I wrote about how Michael Burry has bet 1.6 billion dollars that the stock market is going to crash.  He made a ton of money in 2008 by being on the correct side of the financial crisis, and he plans to make even more money this time around.  This week, speculation has been growing that Warren Buffett also believes that a major downturn is coming.  In fact, Business Insider is warning that Warren Buffett "may be bracing for a recession" because he has been selling off stocks at a staggering pace…


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