BERKSHIRE HATHAWAY VICE CHAIR CHARLIE MUNGER, CALLS CORONAVIRUS THE WORST TO HAPPEN TO ECONOMY.

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By: Economic & Finance Report

Vice chairman of Berkshire Hathaway, Charlie Munger has indicated that the recession that has been displayed because of the Coronavirus; has had drastic effect on the US and global economy as a whole.

Vice chair Munger has indicated executives from top S&P 500 companies are not seeking a government bailout aka “government intervention”, because in his opinion they are “too frozen” to do so. He has spoken that the airline industry has done very little to bring increase scrutiny on where they lie ahead of their financial stats and balance sheets. -SB

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