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US IN RECESSION – Warren Buffet speaks
In a special interview to CNBC, billionaire Warren Buffett says that the US is indeed in a recession. But he also says that it is perhaps not as bad as it was in the 1970s. Warren Buffett, Chairman, Berkshire Hathaway, said the US is indeed in a recession. "However, it is perhaps not as bad as the 1970s." “It is nothing like 1973-74 yet. That doesn’t mean it couldn’t be. But in 1973-74, we...
