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Yo_Mama_Been_Loggin

(108,136 posts)
Sat May 2, 2020, 08:34 PM May 2020

Warren Buffett says US will recover from coronavirus

Warren Buffett said he remains convinced that nothing can stop the United States and that America will recover from the Covid-19 pandemic -- just as it did following other crises of the past century.

The billionaire Berkshire Hathaway CEO, who has long been bullish on the US economy and stock market, spoke at the company's annual shareholder meeting from a virtually empty CHI Health Center in Omaha Saturday. The remarks were webcast by Yahoo Finance.

The shareholder meeting comes on the same day the company released its first quarter results, a nearly $50 billion loss, the worst in the company's history.

Buffett began the meeting by discussing prior times of hardship he's lived through, such as the Cuban missile crisis and the Cold War, the 9/11 terrorist attacks and the Great Recession of 2008. Every time it seemed that times were bleak, he said, America eventually recovered.

https://www.msn.com/en-us/money/companies/warren-buffett-says-us-will-recover-from-coronavirus/ar-BB13weqG?li=BBnb7Kz&ocid=DELLDHP

I'm sure we will but I'm still pissed off at how the orange clown in charge has made such a clusterfuck of it all. Thank God we have some competent governors.

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Warren Buffett says US will recover from coronavirus (Original Post) Yo_Mama_Been_Loggin May 2020 OP
I'm more worried about the country recovering from trumpism SoonerPride May 2020 #1
the country will survive, the question is, at what cost? unblock May 2020 #2
I have not sat in fear it would not. Of course it and we will. LizBeth May 2020 #3
Whatever dude but that is still a lot you lost the other day in funds which you run lunasun May 2020 #4

SoonerPride

(12,286 posts)
1. I'm more worried about the country recovering from trumpism
Sat May 2, 2020, 08:38 PM
May 2020

Even if trump is defeated and leaves office these MAGAites will still be here fomenting dissension and anger and trouble.

I’m not sure we can recover from that

unblock

(52,286 posts)
2. the country will survive, the question is, at what cost?
Sat May 2, 2020, 08:38 PM
May 2020

the country survived the 1918 pandemic, but 600,000 people didn't.

the even ignoring the human suffering, economically speaking, the question is how bad for how long will this be before the economy recovers and we can say we "survived" it?

lunasun

(21,646 posts)
4. Whatever dude but that is still a lot you lost the other day in funds which you run
Sat May 2, 2020, 09:48 PM
May 2020

Buffett's Berkshire Hathaway reports nearly $50 billion loss...

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