tag:blogger.com,1999:blog-8817171247555815363.post991500197814288684..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: Economics 09/07/2009: Green Shoots to Brown ManureTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8817171247555815363.post-59497707713239721512009-07-09T19:56:09.424+01:002009-07-09T19:56:09.424+01:00I have noticed warren buffet pull back more and mo...I have noticed warren buffet pull back more and more from predictions of growth and ways out of the quagmire.<br />Its interesting that as a value investor eyeing the long term rather than the momentary attention span of Wall street he has become progressively more pessimistic of the future.<br />The size of the US economy will likely decline to a more permanent lower level.<br />I think he recently bought more insurance business which maybe he regrets now.With 35 million Americans now availing of food stamps,California issuing useless IOU's to public servants there is now an apparent shutting down of long term hope in many areas.<br /><br />Regards,<br />Sean.Anonymousnoreply@blogger.com