Buffett: US economy remains in recession for the next few months

by 00483301 on 2008-11-11 10:58:47

"Oracle" Buffett, in an interview with American CNBC on the 22nd, said that the U.S. economy would remain in a recession for at least the next few months.

As early as March this year, Buffett had indicated that although the U.S. economy hadn't met the technical definition of a recession, it was actually already in one.

This time, Buffett pointed out that while he believes the U.S. economy will perform better over the next 5 years, in the next 5 months...