wham, make it big
I was surprised to see Warren Buffett giving interviews on the state of the US economy to some top European news outlets like Der Spiegel (in German) and El Pais (in Spanish). Basically, he blames financial institutions for the current crisis and said he believes the US has already entered a recession. Or, if it’s not a recession as most economists define it (two quarters of negative growth) than at least something that feels like a recession to the average American.
What I found interesting was to read that he’s in the Old World scouting out his first European acquisition. Damn. I would love to sell out to Warren Buffett. Unfortunately I do not own a company with €50m ($79m, £40m) in pre-tax earnings. I do own a relatively nice record collection heavy on 80s pop. I would sell it to him for 1/62,000 of his estimated wealth. Come on, a million bucks is a small price to pay in exchange for listening to the Captain Sensible classic Wot on the turntable.
(photo credit: jtbrennan)





