Buffett : No U.S. recession , with the exception of Europe deteriorated

NEW YORK . Warren Buffett , the billionaire 's Berkshire Hathaway Inc. as well as controllers expect , the U.S. economy ( the U.S. ) can withstand attacks from the outside during the crisis of Europe is still struggling with debt problems .

" There will be no recession in the U.S. other than the events that occurred in Europe progressed through a variety of ways , " said Buffett at the Economic Club of Washington , DC when answering questions David Rubenstein , co - CEO of Carlyle Group LP , the leader of the largest private equity firm second in the world .

European debt crisis continues to threaten and potentially destroy the 17 countries that joined the euro zone . Yesterday , the finance ministers and central bank governors from the G7 group agreed to meet and coordinate to respond to the potential release of the single currency of Greece .

"They are in the same currency , but not in fiscal policy , culture and work practices together . This is actually the weakness of the European Union and the union must have a way to unite the discordant , " said Buffett .