Warren Buffett: Get The Debt Ceiling Out Of The Picture | Fortune
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- เผยแพร่เมื่อ 31 พ.ค. 2024
- Warren Buffett addresses the US economic recovery and the current debt crisis at the 2013 Fortune Most Powerful Women Summit in Washington, D.C.
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"If you buy things you do not need, soon you will have to sell things you need." - Warren Buffett
"It's not the Adultery i Mind, it's the embezzlement".- Charlie Munger
Live long Warren
Wise words from a wise man
#warrenbuffett
Hi 👋 Warren!
Reputation is like virginity, it can be preserved but it can't be restored....classic Buffett!
Life is to love and to be loved 💘 Love alone can Conquer the World
Thanks for the video!
Wisdom therapy👍🙏
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VIDEO: Warren Buffett: Get the Debt Ceiling Out of the Picture - At Fortune's Most Powerful Women Summit, Warren Buffett continued to warn against a debt default #FortuneMPW #WarrenBuffett
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Audio too low.
All great people are so nice and friendly, sharing their knowledge generously. Please, visit us in Oz!
to beloved warren Not enough My gratitude for the cause of your golden heart. too much and yes I will taste The rich life you told me thanks god bless you god I pray give you more Long life and many years we will meet soon You are so happy you team .thank you god bless
Correct, you don't cut everything all at once, you scale it back gradually.
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Exactly. out out out. out and about.
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27:28 George Lucas' wife, Melody Hobson
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Question for those who know investing:
If Berkshire H., hypothetically, loses all it's "market" value from it's current "selling" price from billions of dollars to "0" (zero) dollars, how much money do you think Warren would actually lose?
Answer) $100
30:44: Alas, he doesn't answer this question. How would Warren Buffett address what economist point out to be a major deficit in economic care for the elderly? It's as if he heard that question looked around and said, "You're not talking to me right? I'M NOT EIGHTY! I'm rich and feel great!" That was a bit disappointing. He seems to be saying, "The government will take care of the elderly.They'll figure it out."
Alas, they don't seem to be figuring it out.
Grret
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14th Amendment of the United states Constitution explicitly states that Congress shall pay the interest on our debt in priority over any and every other expense.
The debt limit would not, if the point of law the government is bound by is followed, cause a default on our debt. It would, however, force Congress to make extensive cuts elsewhere. If we spend more than we take in, we need to spend less.
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A looooooot of people would be unemployed if the government cuts back significantly on spending at once. I believe they are the #1 employer in the country.
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How does 2% GDP growth and a 1% growth in population imply that people are living 20% better than the generation before? Anyone care to explain?
+jererox Yeah thats easy. suppose the during a generation of say 20 years, the gdp increase 2% whilst the population increased one percent,. after twenty years the per capita gdp has an increase of about 21.78 %
then there are the intangible and abstract things, such as smart phones that cost less both numerically and via in comparison to wages, than did the first "tennis shoe sized cell phone" of the 80s
.....if only i could work with Mr. Buffett.......that would be amazing
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"in 1790, population of China was 300 Million, and population of America was 4 Million".......that's 75 times the population... 220 years later... today... i quote Mr. Munger ,"learn the method of learning".....
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... 7 years later and everything has changed, and the ideas he espouses somehow don't seem utterly relevant in today's world 😳
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Brilliant - the Emperor is free to go - while the New Clothes are held for further questioning (due to their belligerence in not answering officer's questions) - and Warren wins the US's most powerful woman award
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Im betting they both roll up and lock the doors if they are riding through the Ghetto !
these kinda people don't understand the little people...
I think you're totally right. I live in the ghetto and I still roll up with my doors locked. You'll see when you're older that it's better to be safe than sorry
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Housy
Hey Warren, if you want to pay more taxes, GO AHEAD! You are allowed to pay extra taxes to the IRS. Put your money where your mouth is.