Akmanda Dot Com

Finance Weblog

The United States (the USA) was in the condition for the economic recession

By Rizki Akmanda Zaymi • May 26th, 2008 • Category: Finance, Insurance
Buffet

The United States (the USA) is in the condition for the economic recession.
However, apparently the recession will take place older compared with the estimate.

This is the statement that was implied from a billionaire from the USA at the same time a person philanthropist, Warren Buffett, in his interview to the magazine published by Germany, Der Spiegel, as being launched by Reuters, on Sunday (25/5/2008).

According to him, the USA was being in the recession where the economists could not depict him with the growth figure that tended the negative in two successive quarters.

“But, most people felt his effect.”This will take place older and in apart from the estimate, he said. Despite this, recession lunge will not make him continue to invest.
he proved with his interest to a company that was managed well by a family in Germany.”If the world experienced the fall, I will continue to invest,” he stressed.However, before investing, the richest person of the single number in this world before brought up his criticism on the business that was carried out in a manner for generations.
“Untrue if hundreds of thousands of works and the sector whole real economic industry must be lost just because of betting in the money market despite this sector in the healthy condition.”

Tagged as: , , , , , , , , , , , , , , , , , ,

2 Responses »

  1. Nice writing. You are on my RSS reader now so I can read more from you down the road.

    Allen Taylor

  2. [...] Alert for: US Economic Recession The United States (the USA) was in the condition for the economic … By Rizki Akmanda Zaymi The United States (the USA) is in the condition for the economic [...]

Leave a Reply