Buffett's Partner: 'It's Over' for U.S. Economy

(MONEY NEWS) — Charlie Munger, Warren Buffett’s longtime business partner in Berkshire Hathaway, warns in a new column that the U.S. economic empire is crumbling before our eyes, thanks to federal debt and poor planning.

In an article penned for Slate.com, Munger uses the form of a parable to explain how Wall Street’s love affair with gambling has destroyed America’s Main Street.

The article leads with this headline: “Basically, It’s Over.”

via Moneynews – Buffett’s Partner: ‘It’s Over’ for U.S. Economy.

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