Latest “Warren Buffett” News

Guest Post: The Great Reset
Submitted by Charles Hugh Smith from Of Two Minds The Great Reset Since the Status Quo is unsustainable, there will be a Great Reset. The timing and nature of that Reset is up to us. Yesterday I laid out why the Status Quo is financially unsustainable in The Promises That Cannot Be Kept . The unavoidable consequence of that is the the nation will experience a Great Reset in which the promises of …
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Trichet Pulls the Trigger (Again)
Interest rate decision day brought no news of policy changes from the Bank of England and it brought the expected rate hike from the ECB. The former’s rate committee decided to stand pat as the British economy struggles to recover while the latter’s team of policymakers bumped the central bank’s key lending rate up to the 1.5% level.

News that Matters
  By The Crown Estate made a record profit in its last financial year, the FT reports, with net profit rising 9.6 per cent for the year to March 31 to £230.9m. The record profits came ahead of proposals that would give the royal family a direct cut from the revenues of the £7.3bn ($ 11.7bn) property portfolio http://ftalphaville …
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News Corp To Shutter News Of The World On Sunday As Phonehacking Scandal Claims First Victim
More crime and punishment. The recent phonehacking scandal in the UK has just claimed its first victim: Rupert Murdoch’s News Corporation will close its tabloid News of the World after this Sunday’s edition, as a result of an escalating phone hacking scandal, James Murdoch said on Thursday. “The News of the World is in the business of holding others to account,” the deputy chief operating …
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