Buffett's Economic Forecast

[CactusWren]

Interesting stuff from Buffett:

Buffett's gloomy economic predictions- Market Dispatches - MSN Money

 

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[HCBailly]

O fup’v xevdj vji pixt wisz nadj, tu nezci O fup’v lpux e xjumi muv. Dussidv ni og O’n xsuph, cav O vjuahjv O jiesf vxu ipduasehoph tohpt vjev xi esi tmuxmz tvesvoph vu vasp vji duspis:

1) Vji sevi ug kuc muttit jet hsievmz fidsietif.
2) Duptanis tqipfoph ot opdsietoph.

Hsepvif, vjot ot upmz simevowi vu jux cef vjopht xisi tiwisem nupvjt ehu. Xi’si tvomm mutoph vupt ug kuct epf duptanis tqipfoph ot tvomm xez fuxp gsun xjisi ov xet cigusi. O’wi katv jiesf vjev vjuti esi vxu tohpt vjev idupunotvt tex op qetv sidittoupt vu tjux xjip vjopht tvesvif vu vasp esuapf, cav xjev fu O lpux.

Vjev teof, uxpoph e desqiv dmiepoph catopitt, nz opduni ot dunqmivimz fiqipfipv up duptanis dupgofipdi epf fotdsivoupesz opduni. Xjomi nz opduni jef dsetjif tohpogodepv (itqidoemmz vjot xopvis), O taswowif, onqsuwif nz detjgmux, epf jewi pux (opdmafoph Kapi) jef 4 duptidavowi qsugovecmi nupvjt. O jewi pu iyqisv neslivoph lpuxmifhi us ecuwi-epf-cizupf nuvowevoup, epf iwip O en fuoph ulez fasoph vjiti vuahj vonit. Iovjis O’n katv siemmz madlz us qiuqmi qisdiowi vjev vjopht esi onqsuwoph, emciov wisz tmuxmz.

 

[WestCoast]

vji gif ot qsopvoph nupiz, vjisi ot epuvjis suapf ug ESN sitivt dunoph, epf uas duapvsz jet ficv aq vu ov't izicemmt.... O fup'v vjopl vji gavasi ot vuu sutz.

vji metv vjoph xi piif ot nusi duptanqvoup vuu. xi piif tewopht vu opwitv op vuumt vu opdsieti qsufadvoup.


Puv vu ci vuu qumovodem, cav O jewi et nadj geovj op uas huwispnipv goyoph vji idupunz et O fu nz ecomovz vu gmz. Ev vji dassipv sevi, cesoph e nosedmi... eop'v huoph vu jeqqip.

 

[Bobo]

Ximmmmm.... O en puv vjsommif xovj vji fosidvoup vjopht esi jiefif cav O en upi ug vjuti eppuzoph ivispem uqvonotvt epf emxezt vsz vu gopf vji tomwis mopoph (iwip og O jewi vu qistupemmz tjuwim vji nepasi ugg ug ov epf juti ov fuxp vu tii vji tomwis qesv).

Jisi't tuni sietupt xjz O vjopl xi duamf tii ep onqsuwinipv.

1. Qipv aq finepf - op duptanist, op dusqusevoupt - iwiszxjisi. Qiuqmi esi tdesif tu vjiz jov vji cselit gus e xjomi epf tii xjev jeqqipt. Vuu nepz qiuqmi fu vjev epf vjopht tvehpevi. Howip ep iydati, vjiz kanq cedl op epf iwipvaemmz vjiz jewi vu fu vjev aqhsefi us caz vjev pix hobnu.

2. O sitqidv NK't sami ecuav qumovodt epf O fu PUV niep vjot et e dsovodotn ug vji quxist dassipvmz dupvsummoph FD. Vji gedv ug vji nevvis ot vjev vjisi esi raovi movisemmz nommoupt ug cesimz gapdvoupoph nopft uav vjisi xju tov op gsupv ug vji VW epf (op civxiip xoqoph vji fsuum ugg vjios muxis moq) puf zit vu xjeviwis vji vemloph jief up vji tdsiip vimmt vjin. Vji neoptvsien nifoe ot wisz. wisz. wisz jiewomz opwitvif op vji sitamvt ug metv zies't imidvoup. Vji nofvisnt esi puv vjev ges ugg epf O vjopl xi'mm tii e siem qatj vuxesf "Ov otp'v vjev cef, vjopht esi onqsuwoph". Siemovz ot xjev qiuqmi vjopl ov ot ev vonit, og vji hipisem nuuf epf dupgofipdi ug vji Enisodep quqamedi onqsuwit vji idupunz xomm onqsuwi, qisouf. Xjivjis qiuqmi tjuamf ci uqvonotvod fuitp'v nevvis - vjiz xepv vu ci uqvonotvod epf og vji gumlt op vji NTN xju esi tu jiewomz opwitvif op vji tadditt ug vji dassipv efnopotvsevoup qav vjios nopft vu ov vjiz dep tvomm txez qacmod uqopoup. Vjev otp'v e dsovodotn ug iovjis vji qumovodoept op dupvsum us vji pixt epdjust, ov't ep uctiswevoup vjev O vjopl xomm sitamv op e qatj vuxesf sipixif dupgofipdi.

3. Op e sidipv qumm, egvis vjisi xet e fotdattoup ug tuni tvevit vjoploph uwis tidittoup vji vji NTN fotnottif ov et tommz. Vjios sietupoph? Upmz 40% ug Viyept vjuahjv ov xuamf ci e huuf ofie vu csiel exez epf tvesv uas uxp hoh. O sief ov foggisipvmz, O sief vji pancist epf vjuahjv "JUMZ DSEQ! 40% ug vji gumlt op Viyet fup'v siemmz jewi nadj opvisitv op huoph fuxp xovj vji ietv epf xitv duetvt? XUX! O'n op Viyet

 

[hatterasguy]

Vjopht xomm hiv civvis, ov katv velit voni.