Buffett: The economy is incurable

Buffett said that "now is a very difficult period. Economy is incurable." "God Unit" of the 21 Warren Buffett said that there is no panacea to save the current economic crisis. Buffett in an interview, asked about U.S. Treasury Secretary Paulson's performance when he said. He said: "It is a very difficult period. Economy is incurable. Alone can not be a good idea or a few will be able to immediately reverse the economic and market conditions. We are in a negative feedback cycle, and will continue For a period of time. " Paulson said the recent financial institutions to direct capital injection will become a "non-performing assets rescue plan," the work of the center, Buffett said, than the initial purchase of non-performing assets of banks plan to the bank to inject funds to "every flower U.S. may be farther away. " Buffett also said that even though he would not be invited to became U.S. Secretary of the Treasury. He joked, "I like to work now," he said, adding that so far he has not yet received the invitation.