May 3, 2010

Warren Buffett on the historical resilience of the US economy

The American economy is an amazing engine of growth over time. We may try to mess it up occasionally and we go to excesses and all of that. But if you look at the history of this country, this country works. It's a mistake to bet against it.

~Warren Buffett, Goldman Sachs investor, "The Buffett Express", CNBC's Squawk Box, May 3rd, 2010

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