Richest Man in the World has a HOLY S%$@! Moment

quickie clip...Warren Buffett says that the stock market and economy is going to be a &%$#@ disaster for 2009 "and probably well beyond"... (expletives added :-)

Article:

Warren Buffett on the economic outlook for 2009--and beyond
http://www.bloomberg.com/apps/news?pid=20601087&sid=as7oo9hYYMdY&refe...

Wall Street Journal: Worst Month for Blue Chips since 1933!
http://online.wsj.com/article/SB123573389322793621.html

Citigroup's THIRD bailout may not be its last......!!
http://www.bloomberg.com/apps/news?pid=20601087&sid=a6W90SKfZYZI&refe...

Category:

News & Politics

Tags:

• economic collapse
• Peter Schiff
• Ron Paul
• Gerald Celente
• china
• US dollar
• treasuries
• currency
• George Soros
• obama
• Jim Rogers
• Glen Beck
• great depression
• NWO
• economy
• financial collapse
• financial meltdown
• subprime
• mortgage
• real estate
• commercial
• Federal Reserve
• gold
• silver
• stimulus
• Buffett

[eurogoldexchange]

You probably left the mortgage business because it is dead..

[AwakenSafely]

ok, sure....

[iamgabrielf]

This comment is not intended to demean. It speaks to values: In '05 I got a job selling mortgages. The very first was from World Savings. Boss only inf us on the sales pitch and commission. I sold one. My comm was 5k. But I researched the loan (option arm) and I thought it was draconian. I advised my client to not take the loan, destroyed the app and resigned from my job. There are better ways to make a living than putting folks on the road to foreclosure. Ppl thought I was dumb, but I'm proud.

[AwakenSafely]

yep! good job. took some of us a little longer to understand is all...

[DillonX]

Please recognize that most people are sheep.

When prices are high they all want to buy, and the banks are ready to loan, & investment advisers encourage them to get in the markets.

You want to move agst the grain.

The stk mkt is looking more attractive now & so I've bought a few stocks & I've already started to look at some foreclousrues but haven'tt bought any houses yet.

[AwakenSafely]

depending upon what area of the country you're in....be very careful about the real estate purchases...could be a ways yet

[thbyrnes]

Buffett is not the richest man in the world... not by a mile.

He is the richest the public is allowed to know about.

[thbyrnes]

$50 Billion fetches about 56 million ounces gold.

Don't you think the Queen of England, the Pope, the Rothchilds, the Rockefellers, the Bushs, the Blacks or any of the other 300 families have more than that in their miscellaneous expense accounts.

Buffett & Gates are small change compared to truly elite wealth of the world.

[shmayy]

if u know his name or seen his face...he aint the richest man in the world. the richest men in the world arent seen or heard, but their will is exercised as their power reverberates through the world. and thats about as much as youll sense "them".

[xadam2dudex]

the richest man in the world Mukesh Ambani is an Indian who just built a home for $1 billion dollars in Mumbai India!!

[iamgabrielf]

@empressjulz, many good, innocent ppl are being hurt by no fault of their own. The speculators are taking them down with them. The solution is state banks. Currently, N Dakota is the only state with a budget surplus because they've detached from Wall Street banks. If this topic interests you read Web of Debt or watch The Secret of Oz.

[empressjulz]

@iamgabrielf good for you. unfortunately you were the minority, greed overtook most others, both buyers and sellers of those silly financial products, and now there is unfortunately a hefty price to pay.

[needmanshini]

The Dubachi Family and the Rothschilds are the richest families in the world, not Buffett nor Gates. The Dubachi Family is 33 Trillion dollars and they own the majority of the oil drilling industry in the middle east.

[solojam]

BEST TIME TO BUY WHEN THESE BASTARDS ARE SAYING TO SELL, if you would have bought when these thieves said to sell you'd double your money in a few months

[chadgresham]

The richest person in the world should have the name Rothchild behind thiers

[Umips54]

Sorry, Buffett is not the wealthiest man in the world.