The world has entered a five-year crisis

Worst fears come true, the crisis will be overcome only after five years, but I believe in the American economy "- the meaning of my head of yesterday's investment company Berkshire Hathaway Uorenna Buffett. Billionaire, whose ability to accurately predict trends in markets and the economy as a whole is called "omahskim oracle" and gave malouteshitelny forecast to break the global crisis. His assessment coincided with the World Bank, which warns of an unprecedented recession.

According to Buffett, who himself lost a lot lately, now in the developing world from the worst of all possible scenarios. Earlier, the head of Berkshire Hathaway talked about the "financial Pearl Harbor", but now, according to him, the world economy "fell down from a cliff, but consumers have changed their habits much because of the fear and uncertainty about the future course of events. In this regard, the billionaire called on the U.S. political elite to postpone the mutual claims and to provide much-needed support for Barack Obama in his efforts to rebuild the economy.