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 Warren Buffett says no textbook could have predicted the strange economy we have today

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Warren Buffett says no textbook could have predicted the strange economy we have today Vide
PostSubject: Warren Buffett says no textbook could have predicted the strange economy we have today   Warren Buffett says no textbook could have predicted the strange economy we have today Icon_minitimeFri May 03, 2019 9:02 pm

  • Buffett highlights that unemployment remains so low, yet interest rates and inflation are not rising. At the same time the U.S. government continues to spend more money than it takes in.
  • These conditions are not sustainable for the long term, Buffett says.
  • “No economics textbook I know that was written in the first couple of thousand years that discussed even the possibility that you could have this sort of situation continue and have all variables stay more or less the same,” he says.

Warren Buffett says no textbook could have predicted the strange economy we have today 105758610-1556897671018warren2

https://www.cnbc.com/2019/05/03/buffett-no-textbook-predicted-the-strange-economy-we-have-today.html
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Warren Buffett says no textbook could have predicted the strange economy we have today

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