Thanks to Ed Dale’s blog, I saw this very interesting video interview to Warrent Buffet by Charlie Rose. The interview was held last week before US Congress voted on the $700 Billion dollars bailout plan.
If there is a guy that knows about money that’s him, so we should listen carefully and pay attention when he talks.
Actually, Warrent Buffet is going to make a ton of money during this crisis as he is already investing heavily in companies like General Electric and others at bargain prices. I’m sure a lot of fortunes will be made during this crisis, only people that saved for hard times would be in a strong position to buy assets very cheapily, we are already seeing that with forclosed homes.
Here is the video, it is almost an hour long but it is worth watching….
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The condition of the country has ruined to that much extent that the world nations should come forward to help it. The unemployment and poverty has destroyed the lives of the millions.
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