Buffett: Economy in a recession, will be worse than feared

April 30th, 2008 by GoldSilver | Posted in Economic News |

“My general feeling is that the recession will be longer and deeper than most people think,” Buffett said. “This will not be short and shallow. “I think consumers are feeling gas and food prices,” he added, “and not feeling they’ve got a lot of money for other things.”

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