Buffett: we’re in recession and it’s getting worse

By Edward Harrison On Jun 25, 2008

This comes from the AP via the Globe & Mail.

U.S. is in recession, and getting worse: Buffett

Also, note that Buffett in this blurb suggests he buys into the peak oil supply and demand argument for oil prices.

Related articles
Perceptions of supply shortfall keep oil prices high, MarketWatch, 25 Jun 2008
Buffett concerned about U.S. ‘stagflation’, Sydney Morning Herald, 26 Jun 2008

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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