Buffett: chance of double dip U.S. recession "very low" -
Rough Cuts (3:13)
Billionaire investor Warren Buffett, speaking to the Economic Club of Washington, said he believed the chances of a U.S. recession were very low unless the euro zone crisis develops in ways that ''spill over [in the United States] big time.'' Buffett, speaking to Carlyle Group CEO David Rubenstein, said he favored a federal budget plan with revenues at 19% of GDP and spending at 21%.
(June 6, 2012)
link-
http://www.reuters.com/video/2012/06/06/reuters-tv-buffett-chance-of-double-dip-us-recessio?videoId=235841278&videoChannel=117849