Warren Buffet believes that the current US economy is in recession and things could get even worse in the coming day. Buffet is currently on a tour of Europe and the 77-year-old chairman of Berkshire Hathaway Inc looking for possible accusations to his multi billion-dollar economy. When asked about a possible upcoming recession in the United States, Buffet was of the opinion that the United States is already in recession although not in the purist economist viewpoint. He added that people are already starting to feel the effects of recession and things can only get worse from here on in.


Warren Buffet is one of the wealthiest persons of the world and his business acumen and foresight is second to none. The 77 old investor has about $35 billion is cash and is aiming to invest his money. Buffet