Billionaire investor Warren Buffett sent out a clear warning to his shareholders as 's measure jumped to 5.4 percent over the last month.
In his much acclaimed annual to Berkshire Hathaway shareholders, Buffett, 92, warned that 'huge and entrenched fiscal deficits have consequences.'
Buffett also appeared to predict that 'financial panics or severe worldwide recessions,' were on the horizon as he vowed to protect his investors.
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