Tuesday, February 09, 2010

 
 
 

 
 
 
 
 
Warren Buffett says get ready for inflation...
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Monday, May 11, 2009
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From Newsmax:

The explosive rise of the U.S. budget deficit and debt burden will lead to serious inflation down the road, says billionaire and Obama supporter Warren Buffett.

The Congressional Budget Office predicts that government debt will peak around 54 percent of GDP in 2011.

But Buffett told CNBC Monday morning that the ratio could surpass 80 percent — unless there are significant spending cuts or tax increases.

Read full article...

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Topics: Inflation | Warren Buffett | Boondoggle
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