Archive for June 26th, 2008

Thursday, June 26th, 2008

Video: Buffett Concerned About “Stag” and “Flation”

Warren Buffett said yesterday that he was concerned about “stagflation”, or slowing in the US economy while inflation accelerates. “I think the ‘flation’ part will heat up and I think the ’stag’ part will get worse.” This video clip makes for interesting viewing material.

1 Comment » - Posted in Money, Markets, Investment by Prieur du Plessis