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Perfectionist

Warren Buffet .... Lukewarm .....

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"The U.S., it should be emphasized, is extraordinarily rich and will get richer. As a result, the huge imbalances in its current account may continue for a long time without their having noticeable deleterious effects on the U.S. economy or on markets"

http://www.usatoday.com/money/companies/ea...tt-letter_x.htm

think you should have included this in the above quote

I doubt, however, that the situation will forever remain benign. Either Americans address the problem soon in a way we select, or at some point the problem will likely address us in an unpleasant way of its own.

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thats why he thinks the dollar is set for a massive drop. that should sort out the current account deficit for a while but would bring in a lot of inflation and result in higher interest rates and maybe a recession.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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