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Greenspan Has a Faulty View of the Landing
The Oracle vs. the Chairman. In terms of heavyweight bouts, they don't get much bigger than this. These two champions of capitalism are duking it out over the future of the U.S. economy.
Warren Buffett, the Oracle of Omaha and the CEO of Berkshire Hathaway(BRK.A Quote), charges that the U.S. is headed for a massive dollar crisis caused by a trade deficit running at better than $600 billion annually. Bam!
Federal Reserve Chairman Alan Greenspan counters that the economy is headed for a soft landing, and the debt owed to foreign investors and savers is no big deal. Smack! ...
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