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Sorry Malcolm is the same Berkshire Hathaway that has been recently downgraded by S&P?

Stop being an equities cheerleader for a few moments and have a long hard look at the macro-economic picture.

Look at the squeeze on natural resources, the unwinding of the largest credit bubble in history and the absence of any real term growth in the world.

Only QE and synthetic stimulus will prop up the zombie economy and equity markets, but it won't last.

Deflation, then depression.

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