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Kudos to Buffett

Buffett Rules Out Double-Dip Recession Amid Growth


“I am a huge bull on this country,” Buffett, Berkshire’s chief executive officer, said today in remarks to the Montana Economic Development Summit. “We will not have a double-dip recession at all. I see our businesses coming back almost across the board.”

“It’s night and day from a year, year and a half ago,” Buffett said. “I know Wells Fargo, they would love to have $50 billion more of loans now. Go in and talk to the banker.”

Finally, a thought leader starts speaking out and calming the irrational fear that everyone seems so eager to embrace.  Now all we need is another dozen or so captains of industry to get out there and start getting people to believe that things can get better again.

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