The Warren Buffett Economy——Why Its Days Are Numbered (Part 1)

During the 27 years after Alan Greenspan became Fed chairman in August 1987, the balance sheet of the Fed exploded from $200 billion to $4.5 trillion. Call it 23X. Let’s see what else happened over that 27 year span. Well, according to Forbes, Warren Buffett’s net worth was $2.1 billion back in 1987 and it is now […]
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