Txtriathlete
15 Mar 2005, 01:04 PM
The Oracle versus the Chairman. In terms of heavyweight bouts, they don’t get much bigger than this. What these two champions of capitalism are slugging it out over is no less than the future of the U.S. economy.
Warren Buffett, the Oracle of Omaha and the CEO of Berkshire Hathaway, charges the United States is headed for a massive dollar crisis caused by a trade deficit running at better than $600 billion annually. Bam! Alan Greenspan, chairman of the U.S. Federal Reserve, counters the economy is headed for a soft landing and the debt owed to foreign investors and savers is no big deal. Smack!
The rest of the story... (http://moneycentral.msn.com/content/P111791.asp)
Who seems more credible and thus how would you play the market/ you money differently based on the possible outcomes?
Discuss
Warren Buffett, the Oracle of Omaha and the CEO of Berkshire Hathaway, charges the United States is headed for a massive dollar crisis caused by a trade deficit running at better than $600 billion annually. Bam! Alan Greenspan, chairman of the U.S. Federal Reserve, counters the economy is headed for a soft landing and the debt owed to foreign investors and savers is no big deal. Smack!
The rest of the story... (http://moneycentral.msn.com/content/P111791.asp)
Who seems more credible and thus how would you play the market/ you money differently based on the possible outcomes?
Discuss