Billionaire Warren Buffett, whose Berkshire Hathaway Inc. posted its worst results ever in 2008, said Monday that 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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Warren Buffett says economy has ``fallen off a cliff''
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Inflation still high, needs to be brought down further:
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Reports show economy is facing headwinds
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Inflation will take time to come down:
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Stocks plunge nearly 400 points
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Rate hikes to weaken economic growth:
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Deere upped to overweight by Morgan Stanley
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Mutual Fund assets fall 7 per cent in 2008-09
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Stock market loses 9.17 points
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Wall Street plunges amid economic woes
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Warren Buffett has prostate cancer
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President Obama explains the Buffett Rule
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Economist says no quick recovery
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Obama admits private economy ``not doing fine''
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The economy is a disaster
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Affordability crisis 'set to worsen'
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Buffett to invest $5 billion in bank of America