Ostrich of Omaha
May 19th, 2006 | By Michael Shedlock | Category: Macro Economics
Michael Mandel, chief economist for BusinessWeek, is writing about the “Ostrich of Omaha”:
“Buffett's bearishness on the U.S. economy ignores how Americans' hard work adds value at a steadily higher rate than trade adds debt.
“To be frank, I'm getting a bit tired of Warren Buffett's pessimism about the U.S. economy. The ...read more
