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Warren Buffett Predicts Economic Recovery May Take 1 to 5 Years


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By ZENWAY - Posted on 21 January 2009

Warren Buffett, in a recent interview with NBC on January 19, 2009, predicted the U.S. economic recovery may take one to five year. He said, "We are in the middle of the economic Pearl Harbor right now. I mean, our ships have been sunk." But American has always managed to come back. He predicts recovery within one to five years, and told NBC: "You can't put me down on one year."

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http://www.cnbc.com/id/28725856/

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