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.
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