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US capitalism is like cathedral attached to casino: Warren Buffett
short by Mansi Agarwal / on Sunday, 4 May, 2025
Billionaire veteran investor Warren Buffett called US a shining example of capitalism. "It's a combination of this magnificent cathedral, which has produced an economy like nothing the world's ever seen, and then it's got this massive casino attached," he said. Stating that maintaining the balance is "critical", he added, "The temptation to go to the casino is very high now."
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