"The Crash Will Be WORSE Than 1929"! Warren Buffett's Last WARNING! - Must Video
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Warren Buffett explains the 1929 crisis and what we can learn from it, especially with regards to the current downturn.
Warren E. Buffett is an American investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.
We are already in the big crash, Inflation is a catastrophe. To bring the stock market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification.
My grandparents were farmers during the time the great depression of 1929 happened. I was fortunate enough to live with them for two years and learn things from them about surviving and also to see the signs that lead to the great depression that most would say was not a sign. I saw these signs repeating 15 years ago. Everyone in my family, friends and strangers say I am crazy. Wish I had not became disabled when young and did not have parents who held me back saying I cannot do things. I am nearing 60 and wished I had someone like Warren Buffet in my life that could inspire and give me hope to become what I wanted in life. That said, I fear for the world as this depression heading our way will cause worldwide starvation and with it a world war.
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Whistler Blowers, Insiders
The title (of the article) does not correspond with the video.
The title “”The Crash Will Be WORSE Than 1929″! Warren Buffett’s Last WARNING!” is indicative that next week, people will jump by the windows.
The – “Must Video”, is just a typical bullish word by Warren Buffett, that America’s capacity to recover is enormous.
May be it is an error from the part of the publisher, and the last warning from the Sage of Omaha is in an other video, which we’ll surely hear about.
Always be dubious of a rich guy, who doesn’t care if you take another breath in life, when he tells you ‘I’m looking out for you, and you should be aware…’ Foxes don’t warn the chickens, before they attack…and rich investors don’t ‘advise the masses’ before a run on the market happens. If so, market runs wouldn’t happen!
Keep in mind, the ‘Market Crash of ’29′ actually happened in the fall of 1928, and was the result of JP Morgan’s (then dead) investment bank spinning wild, out-of-control rumors…which caused a run…that they counter-bought, then they told the truth…but the damage was done, and the market collapsed. It would be like me mass-publicizing a new car as ‘the most-dangerous, deadly vehicle ever made’…then watching the market demand drop to nothing, buying 40-of them at ‘cost’, then saying ‘oh, those are GREAT cars!’…damage done, don’t expect it to work out well (for anyone but me).
Warren Buffet is a Global Elitist. While I MIGHT be able to ‘see a hint’ of which way the global mindset is leaning, by his actions…he’s not going to really tell me anything useful in any significant amount. By helping me too much, he might hurt himself…something he would NEVER do!