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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWarren 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.
SoonerPride
(12,286 posts)Even if trump is defeated and leaves office these MAGAites will still be here fomenting dissension and anger and trouble.
Im not sure we can recover from that
unblock
(52,286 posts)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?
LizBeth
(9,952 posts)lunasun
(21,646 posts)Buffett's Berkshire Hathaway reports nearly $50 billion loss...