Re: As Warren Zevon said,

BobN <nobody@xxxxxxxx> wrote:

Norm, as you know I've made my career in finance all over the world. That
doesn't mean I claim to be able to predict the future - nobody, not even
Warren Buffett, can do that.

Still, Warren gave heads-up on the present mess some time ago.

Note the date on this first one:

BBC NEWS | Business | Buffett warns on investment 'time bomb'
Mar 4, 2003 ... Legendary investor Warren Buffett says shares are still
too expensive, while derivatives could turn into a "mega catastrophe"
for investors.
news.bbc.co.uk/2/hi/business/2817995.stm

And recently:

Buffett's time bomb goes off on Wall Street | U.S. | Reuters
Sep 18, 2008 ... CHICAGO (Reuters) - On Main Street, insurance protects
people from the effects of catastrophes. But on Wall Street, specialized
insurance ...
www.reuters.com/article/newsOne/idUSN1837154020080918




"If the American people ever allow private banks to control the issuance
"of their currency, first by inflation and then by deflation, the banks
"and corporations that will grow up around them will deprive the people
"of all their property until their children will wake up homeless on the
"continent their fathers conquered." Thomas Jefferson
--
ha
shut up and play your guitar
.

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