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Transcripts For CNBC Squawk Alley 20170830

For a generation 25 years, you would have a 19,000 gdp per person in the United States. Its not bad. But how do you explain a tenyear that hit 2. 1 yesterday . How do i explain what hitting . The tenyear note hitting a yield of 2. 1 yesterday . Well, if i had known that was coming, i would have done a lot of things that were intelligent five years ago no, its sort of unbelievable that rates have stayed down. I mean, its not what anybody expected, at least i didnt expect that. The other people on berkshire didnt expect that and its you know, i can remember when i was a solomon in 1991 and they thought the surest trade around was the short the japanese tenyear bond because you couldnt have rates that low and 26 years later, those people are still licking their wounds they used to call that the widow maker, that trade. Well, warren, let me ask you about north korea, because i know this is an area youve had a lot of concerns about. President trump tweeted this morning and he said, the u. S

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