The end is NOT near!

"In the next six months, one year, two years, the problems in the mortgage market can cause a lot of problems with consumers and hurt buying power in the United States,” Billionaire investor Warren Buffett said at a press conference.

Mr. Buffett has sobering words for consumers and investors who hope that the end is near for the subprime crisis — it’s not. Nevertheless, he did suggest that, "overall, the economy will make progress.”