"We've faced great problems in the past, haven't faced this exact problem -- in fact we haven't really faced anything that quite resembles this problem," Buffett said in a lengthy speech on the country's economic history. "But we faced tougher problems, and the American miracles, American magic has always prevailed and it will do so again."
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Warren Buffett: 'American magic' will spur US economic recovery
Warren Buffett: 'American magic' will spur US economic recovery
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