Wednesday, March 28, 2007

Recession, definitely

Master Greenspan has warned recently, about the incoming recession.

King Buffett has mentioned several times, some dirty pieces of the American economy: twin deficits, too much dependence on consumer spending, and a public budget unmanageable.

Right now, Bernanke says something that we think is not a doubt, it is real: Federal Reserve Chairman Ben Bernanke said Wednesday uncertainties surrounding the U.S. economic outlook have increased somewhat recently.

We prefer to listen to Mr. Greenspan and to Mr. Buffett.

No comments: