Warren Buffet Says Economy In Shambles.

Doing that doesnt really help us much, Warren.

Doing that doesnt really help us much, Warren.

Warren Buffet announced in a letter to shareholders that “the economy will be in shambles throughout 2009 — and for that matter, probably well beyond.”

God help us.

If Buff’s worried, we might all be screwed.  His Berkshire Hathaway Inc. reported a drop in profit of 96% while net income dropped by $10.9 billion.

I know I’m not great at math, but that sounds pretty bad.

  • If Buff’s worried, we might all be screwed.  His Berkshire Hathaway Inc. reported a drop in profit of 96% while net income dropped by $10.9 billion.
     

  • If Buff’s worried, we might all be screwed.  His Berkshire Hathaway Inc. reported a drop in profit of 96% while net income dropped by $10.9 billion.