The perils of a prolonged government shutdown pale in comparison to those of a debt ceiling crisis, which is right around the corner if Congress doesn't act soon.
Buffett says despite threats that Congress won't raise debt ceiling, he believes it will pass.
Economists say they're not worried about the current shutdown toppling U.S. economy into recession, but many expect that to happen if debt ceiling isn't raised.
|What will make stocks go even higher?|
|Larry Ellison: The billionaire Silicon Valley exec with the shiniest toys|
|GM recalls 205,000 Cadillacs, Impalas|
|Boom: Alibaba surges 38% in huge IPO debut|
|Hey Occupy Wall Street, abolish my debt too!|