Billionaire Warren Buffet says recovery will take two years
Warren Buffett has said that his businesses have bottomed out but that he saw few “upticks” and the economy would come back in two years rather than in one, Reuters reports.
"Our businesses, they've bottomed ... (there are) very few upticks," said Buffett.
Buffett estimated the US dollar will depreciate as the US government prints more dollars. "The question is how much it depreciates in value," he said.
