Buffett: It's hard to imagine the U.S. will default on its debt

ChainCatcher news, Warren Buffett said on Saturday that he cannot imagine American political parties allowing a refusal to raise the debt ceiling, which would lead to a debt default and risk "throwing the world into turmoil" by jeopardizing the global financial system. Buffett also stated that it would be "catastrophic" if regulators do not protect the depositors of the recently acquired Silicon Valley Bank.

In addition, Buffett reiterated that Abel will succeed him. (source link)