Billionaire Warren Buffett Predicts New Pandemic Worse Than Covid-19

July 2, 2021, 4 minutes readThis article was translated using AI technology from the Spanish edition. This process may cause errors.Warren Buffett, the American billionaire and 'Oracle to Omaha', believes that there will be a new pandemic in the future that could be even worse than the one that occurred with Covid-19. This is despite all the lessons we have learned from this experience, but people are not prepared for it.This may be of interest to you: Warren Buffett donates $4.1 billion and then retires from Gates FoundationCNBC's Buffett & Munger : A Wealth Of Wisdom' program featured Berkshire Hathaway's CEO predicting that there would be another "pandemic".We are aware of the threat from cyber, chemical, and biological attacks. "Each of them have dire possibilities," Buffett stated. He said that it doesn't appear like something society is ready to handle.According to Forbes, the ninth-ranking businessman is a billionaire. He revealed that the most important lesson from the coronavirus was that the world isn't prepared for emergency situations.I discovered that people don’t know as much about themselves as they think. The most important thing I learned was that the pandemic could have been predicted and that it is not the worst possible outcome, "said the 90 year-old magnate. "Society is having a difficult time preparing for remote scenarios, which are possible and will occur sooner or later.Warren Buffett's economic worriesThe businessman also stated that Covid-19's economic effects are disproportionately affecting small businesses due to its uneven impact. He stated that Covid-19 has caused "horrible damage" to many small businesses, numbering in the hundreds of thousands and even millions.He noted that although the pandemic is not over, most companies are doing well. He specifically mentioned the auto companies, which he said was a "fantastic success that they didn't anticipate". He also recalled that the sector had seen record profits due to the reopening of the market and the decrease in supply caused by chip shortages.Although the pandemic has been unpredictable, it has proven to be more successful than anticipated for most people and most businesses. He said that the pandemic has decimated all types of people and their hopes through no fault of theirs.He admitted that he didn't have financial anxiety at times, because he was not sure what would happen to NetJets and BNSF Railway. He remained focused on helping other companies to survive in the chaos. The millionaire said, "We remind them that their rich brother is,"