Originally published February 28, 2009 at 6:45 AM | Page modified February 28, 2009 at 4:58 PM
Veteran financial journalist Jon Talton blogs daily on the most important economic news, trends and issues involving Seattle and the Northwest.
PrintBuffett says economy to remain in shambles in 2009
Billionaire Warren Buffett says all kinds of investors finished 2008 bloodied and confused because of the dysfunctional credit market and other financial turmoil.
AP Business Writer
Billionaire Warren Buffett says all kinds of investors finished 2008 bloodied and confused because of the dysfunctional credit market and other financial turmoil.
And the famous investor said Saturday in his letter to Berkshire Hathaway Inc. shareholders that "the nation's economy will be in shambles throughout 2009."
But Buffett remains optimistic about the country's future. He says America has faced bigger economic challenges in the past, including two World Wars and the Great Depression.
He says America's best days remain ahead.
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On the Net:
Berkshire Hathaway Inc.: http://www.berkshirehathaway.com/
Copyright © 2009 The Seattle Times Company
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