[Berkshire Hathaway Shareholder Report] 1998 Q4 Report

December 15th, 1998

With the rest of the world in economic chaos, it now comes a time for America to prosper. American 

investment in Europe and South Asia is in high demand, and exploitable economies are all around us. 

This is the time to demand deregulation, open markets to American goods and products, to privatise as 

much as possible.  


Remember the prosperity found after the Latin American Crisis last decade? Although economic 

liberalisation aggravated inequalities and poverty conditions, we also saved Latin America. More 

importantly, the level of economic dependence they still have upon us is magnificent. A repeat of this 

would further our business interests, and the IMF is a great vehicle for such interests.

 

- Warren Buffet, CEO of Berkshire Hathaway 

Location: Washington, DC, USA

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