Listen up all you nitwits who think the everything is fine as long as the Dow is up for the week. When Warren Buffet speaks, the real money experts listen - he is the financial barometer that really steers Wall Street. All the young hotshots out there fresh off getting your Series 7 certificate probably scoff and don't even bother to get off their cell phones to hear what the Wizard of Omaha has to say. There is nothing more dangerous than a young trader/finance "expert" - while they think their shit don't stink, their bosses, you know the guys who make the BIG BUCKS, listen to every word coming from the hallowed mouth of Mr. Buffet.
So, what does Warren think? We're in a recession!
Of course, you already knew that by how little you have left from your paycheck after heating your home, buying groceries and filling the gas tank. But there are a lot of oblivious "comfortable" people in the US that don't see it - like the assholes on talk radio who don't realize there is more to a recession than negative growth. Oil is at an all-time high, even when accounting for inflation, food costs more than last year, gold wedding bands are exorbitant, health insurance takes huge chunks out of working people's paychecks- with these barbs being thrown at us, rosy news of economic growth by the Bush's flunkies equates to "Let them eat Cake!"
0 comments:
Post a Comment