Monday, November 14, 2011

Buffettology : Europe uncertain

The Sage of Omaha has voiced his concern about Europe's short term economy. He does not have the confidence that Europe has to ability to resolve their crisis at the moment. However, he believe Europe is "not going away" and would be stronger in 10 years.

This shows that another great analyst has given a gloomy perspective on Europe for now. Another recession in the first quarter of next year is probable.