Demons & Dialog

Exposing hidden news, history, & the new world order

Buffett says U.S. in ‘economic Pearl Harbor’

leave a comment »

Monday, Jan 19, 2009

Billionaire investor Warren Buffett says the U.S. is engaged in an “economic Pearl Harbor.”

In an interview that aired Sunday on Dateline NBC, the chairman and CEO of Berkshire Hathaway (BRKA, BRKB), said the nation’s economic situation is not as bad as World War II or the Great Depression, but it’s still pretty severe.

Buffett said Americans are in a cycle of fear, “which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We’ll break out of it. It takes time.”

Full article here

Research related articles:

  1. Buffett Calls Crisis an `Economic Pearl Harbor,’ Backs Paulson
  2. NSA: There Was No Pearl Harbor conspiracy
  3. Did Warren Buffett hang up on Lehman phone call?
  4. Warren Buffett, Government Propagandist
  5. Buffett, others say high U.S. debt levels pose risks
  6. Buffett buys BYD stake
  7. Media Endorse $700 Billion Economic ‘Rescue’
  8. Economic downturn worst in ‘60 years’
  9. Confidence drops in U.S. economic policy: Reuters poll
  10. Merrill CEO: Economic Environment Recalls 1929
  11. Ron Paul: Fear Based Bailouts Constitute Economic Terrorism
  12. Bernanke says crisis ‘no comparison’ to Great Depression

Written by Michael Cooper

January 19, 2009 at 5:08 pm

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: