Billionaire investor Warren Buffett this week said the US economy had ‘fallen off a cliff’ and warned that a rebound could trigger inflation more drastic than that experienced in the late 1970s.The 78-year old owner of insurance and investment firm Berkshire Hathaway spoke live on US cable network CNBC.“Not only has the economy slowed down [...]

More: Warren Buffett: US Economy has ?fallen off a cliff?

Its really off the cliff when the good man has lost $billions of dollars in just a couple of months. I think the facebook guy- Mark is also hit by the recession, sending him off the billionaire list. I am off to forbe.