From NEWSMAX:
… Nevertheless, European authorities will carry out “huge efforts” to preserve the currency.
In the meantime, Buffett adds, struggling European countries like Portugal will have to work their way out of their crises and stop relying on other European countries for help.
“You can’t have three or four or five countries that are in effect free-riding on the other countries. That won’t work over time — they have to get their fiscal houses in reasonable harmony,” Buffett says…
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