Warren Buffett, the billionaire chairman of Berkshire
Hathaway, said he expects the U.S. economy to avoid another
recession as long as Europe can contain its debt crisis.
There won’t be a recession “unless events in Europe develop
in some way that spills over here big-time,” Buffett said yesterday at the
Economic Club of Washington, D.C. He answered questions from David Rubenstein,
co-chief executive officer of Carlyle Group LP (CG), the world’s second-largest
private equity firm…
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