Buffett: Economy Has "Fallen Off a Cliff"

by Benjamin Domenech on 2:14 am March 10, 2009

March 9 (Bloomberg) — Billionaire Warren Buffett, whose Berkshire Hathaway Inc. posted its worst results ever in 2008, said the economy “has fallen off a cliff” and that efforts to stimulate recovery may lead to inflation higher than the 1970s.

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