The economy is not growing, but not decreases, the second wave of the crisis will not

The economy has reached bottom, but do not jump up there, there is also little reason to expect a second wave of the crisis, said U.S. financier Warren Buffett in an interview with U.S. TV channel CNBC.

"We did not jump up, but stopped decline," - he said.

In addition, Buffett said: "I think that all speaks against the likelihood of a second wave of the crisis."

However, investors noted that a number of serious problems in the economy persists.

In particular, he drew attention to the fact that the losses at banks, credit card issuers will increase.



Heavy remain and the situation in the sector of commercial real estate.

At the same time, the situation in the sector of residential real estate market improves.

"We are likely to overcome the worst of times in this sector", - believes the financier. Among these reasons for improving the situation - smaller volumes of construction of dwelling houses.

In general, Buffett believes that the situation was "immeasurably better than a year ago, including, as" toxic assets sanitized, and the banks' capital grew.

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