Warren Buffett says the growing mountain of U.S….?

Question by ishmel: Warren Buffett says the growing mountain of U.S….?
…debt could turn the country into a banana republic.
Isn’t this the guy Obama says he listens to for economic policy?
Is it time to stop spending and start looking at the buget as a real issue?
Have we already gone too far to stop the next crash.

“enormous dosages of monetary medicine continue to be administered,” creating an annual deficit more than twice any since 1920″ According to Buffett. “Most of the effects of this are still invisible, but “their threat may be as ominous as that posed by the financial crisis itself.”

Maybe it’s time for a little rational discussion of the debt.

http://moneynews.newsmax.com/streettalk/buffett_banana_republic/2009/08/19/249871.html?s=al&promo_code=85AE-1

Best answer:

Answer by Cody
look what category you are putting your question in

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