Investor Warren Buffett doesn't expect recession if Congress can't deal with fiscal cliff

Article by: Associated Press
Updated: November 14, 2012 - 3:23 PM

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russ999Nov. 14, 12 5:25 PM

I agree with Buffet. Other than this possible congressional fiscal speed bump hissy-fit the U.S. and China economies are poised for a pickup in growth.

Bloomberg: “China and the U.S. are both improving, which is extremely good news,” Jim O’Neill, chairman of Goldman Sachs Asset Management. “If we could pretend Europe and Japan didn’t exist, the world would be fine.”

riley44Nov. 14, 12 5:56 PM

Right on Warren ! I hope we do go over the fiscal cliff. Then Obama can come back and offer tax cuts to the middle class (the people who need them), not renew wasteful military spending, and increase spending on research, infrastructure, etc. Things that move us forward and create jobs.

ninetyninerNov. 14, 12 9:27 PM

I trust Warren Buffett...let the the Bush tax credits expire and get that monkey off our back once and for all.

sanddogsnarlNov. 14, 12 9:58 PM

Trust the vision and judgment of Buffet over any 20 so-called expert economists you can (or maybe can't) name.

lawstarNov. 15, 12 7:34 AM

What Warren meant to say (and he says a great deal) is that going off he fiscal cliff will not affect him because of his contacts in the administration.