Warren Buffett is raising concerns about the U.S. economy, warning that the dollar’s stability and purchasing power are vulnerable.
In his annual letter to Berkshire Hathaway shareholders, he cautions that irresponsible fiscal policies can rapidly devalue paper currency, a scenario the U.S. has narrowly avoided in the past. Fixed-income investments, he argues, offer little protection against such risks.
Buffett also highlights flaws in capitalism, noting that while the system remains the most effective at driving economic growth, it has become increasingly prone to abuse.
He acknowledges that throughout history, opportunists have exploited investors, yet the overall impact of American capitalism has far exceeded expectations. Despite financial mismanagement and market disruptions, he believes the country’s economic engine continues to deliver unprecedented prosperity.
Reflecting on his tenure, the 94-year-old investor signals that his leadership at Berkshire Hathaway is nearing its end.
He confirms that Greg Abel is set to succeed him as CEO and will take over writing future shareholder letters. Buffett expresses confidence in Abel’s ability to navigate investment opportunities, continuing the firm’s legacy of strategic decision-making.
The first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.
In the case involving Terraform Labs and its co-founder Do Hyeong Kwon, the defense has asked the Federal Court for the Southern District of New York to extend the deadline for pretrial filings by two weeks, pushing it beyond the original date of July 1, 2025.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.