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Buffett's partner: "It's over" for U.S. economy
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Tuesday, February 23, 2010
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From Newsmax:

Charlie Munger, Warren Buffett’s longtime business partner in Berkshire Hathaway, warns in a new column that the U.S. economic empire is crumbling before our eyes, thanks to federal debt and poor planning.

In an article penned for Slate.com, Munger uses the form of a parable to explain how Wall Street’s love affair with gambling has destroyed America’s Main Street.

The article leads with this headline: “Basically, It’s Over.”

The Berkshire Hathaway vice chairman describes…

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Topics: Warren Buffett | Economy | Cruxallaneous
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