The Oracle of Omaha has always had a bold view on the American economy and is not afraid to stick to his convictions. It is, after all, why he is one of the most successful investors and businessmen of all time. A little over a year ago, Buffett made a comment about how he could end our swarming debt problems in 5 minutes. As our total debt has now surpassed that of our GDP and continues to grow, we revisit Buffett’s commentary to see if it has any kind of clout or if it is a realistic option [for more economic news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Peter Schiff: The Recession is Already Here Bernanke Fires Back at QE Critics Why QE3 is Just Delaying the Inevitable 100 Insightful Futures Traders Worth Following on Twitter SPY vs. GLD vs. SLV, How 2012 Has Shaped Up