Warren Buffett on the US economy: ‘The tsunami of wealth didn’t trickle down. It surged upward’

[McFurd]

CNBC - 1/4/2018 - Catherine Clifford - Warren Buffett knows first hand the power of American capitalism. As the third richest person in the world, with a net worth of more than $86 billion, the octogenarian investor has personally benefited from it.
And yet, in a piece penned for Time magazine, published Thursday, Buffett says there is a problem with that economic system, which made him a king: Many individuals suffer even as those at the top prosper wildly. Read more @ https://www.cnbc.com/2018/01/04/warren- ... omics.html