Warren Buffett: The Economy's Decline Has Accelerated Over The Past Six Weeks



(image via johnfenzel)

Party at media ground zero, and, as the center of geopolitical power lazily veers Eastwards -- just in time for the 8/8/08 Olympics in Beijing -- that location would be Sun Valley, where the moguls are engaged in what can only be properly construed as a post-modern rendition of Trimalchio's Feast in Pertonius' Satyricon. The best eats, for eccentric billionaires, is free eats -- just ask amateur "alchemist" Warren "Half Price" Buffet. From CNBC:

"The Oracle of Omaha is a regular institution at the Allen + Co conference, and always a hot commodity among the media and tech CEOs here. (Warren) Buffett makes a point to say how much he loves the gathering, especially all the free hamburgers!

"We got a chance to speak with him exclusively about the economy and all the goings-on at the conference. Buffett told us the data he's seeing from Berkshire Hathaway Berkshire Hathaway companies reveals the economy's decline has accelerated over the past six weeks, more so than the preceding few months."

You see, Warren is just like you and me. 'Cause even a billionaire's got to eat! Also: Buffett thinks Obama will win in 2008 by a wide margin. More here.