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Warren Buffett on CNBC: ‘Not Clear’ Europe Has Will or Ability to Resolve Crisis, Housing in Depression

“It’s not clear who can say we”ll do whatever it takes over there, it still has to be clear on who will do what and that they will do it,” says Warren Buffett, Berkshire Hathaway chairman/CEO, who says he feels better about the developments in Italy and Greece but not the situation. Buffett also discusses why the residential construction business is in a depression.