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Buffett told us so

Buffett told us so

(via www.globes.co.il)

Shlomi Cohen claims that Warren Buffett is the only person who predicted what is happening on the markets at present. The current upheaval was not sparked by economic processes, such as the US real estate crisis, which is neither that country's first crisis nor its last, although everyone finds it a very convenient peg to hang all the current troubles on. What is happening now is a financial air pocket which evolves during the course of healthy global economic processes, and Buffett predicted this bubble two years ago.

Submitted by SilverSlime on Wed, 2008-01-30 10:57. | Tags:
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