Sun 4 May 2008 (NECN - Billionaire Warren Buffett is weighing in on the economy. Speaking to shareholders at his company, Berkshire Hathaway's Annual meeting in Omaha, Nebraska, he not only addressed the company's future but he also shared his thoughts on the economy.
Buffett predicted the housing crisis has still not reached the bottom and may not for several more years.
But in the long term, he said he does have faith the economy will be able to ride things out.
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