Living Investment Legend,Warren Buffett has just committed US $ 8 Billion to the Two Big ‘G’s”,Goldman Sachs and General Electric (GE)
Hey Mr Buffett ! I’m also a “G” !
Buffett has been a fan of General Electric for decades…Interestingly the Indo US Nuclear Deal too has just been passed and GE is expected to get orders from India for over US $ 10 Billion to begin with for Nuclear Power Equipment !
It’s time to be Greedy says Buffett when the US Economy is “Flat on the Floor”…reminds me of a joke…A student was asked by his teacher as to why he was doing his Mathematics on the floor….”You told us not to use Tables” replied the Student !…Buffett ,it’s these Big Fat Financial Cats that did not know their Maths and indulged in skullduggery to knock USA off the Chairs and Tables and “Flat on the Floor”…I can understand you have no real option here but to be a Patriot…you have J P Morgan’s precedent here…He bailed out the Government and Wall Street in 1885 and 1907….Wish You Well but I fear a lot more pain ahead before USA can even Sit,let alone Stand!