Thursday, June 25, 2009

Buffett says economy in shambles

Now he tells us! That Warren Buffett is supersmart.

Warren Buffett's latest
statement on the economy:
Taking a firm position in an ongoing debate in the financial markets, Buffett says he's not concerned about deflation, but thinks inflation will be a problem in coming years.

Wasn't he the one who was endorsing Obama's massive spending spree? Why yes....yes he was:

Buffett predicts that Obama's plan for a massive stimulus program will help, but not right away.
Massive spending + printing money = inflation...but he didn't see that when he was endorsing the stimulus? I should be a billionaire.

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