Hold off on big purchases like TVs, Jeff Bezos warns | CNN Business

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'Take some risk off the table.' Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession

The business leader offered his starkest advice yet on a faltering economy in an exclusive sit-down interview with CNN’s Chloe Melas on Saturday at Bezos’ Washington, DC, home. Bezos urged people to put off expenditures for big-ticket items such as new cars, televisions and appliances, noting that delaying big purchases is the surest way to keep some “dry powder” in the event of a prolonged economic downturn.

Bezos said the probability of economic conditions worsening makes it prudent to save some cash if it’s an option. “Take some risk off the table,” he said. “Just a little bit of risk reduction could make the difference.” Last month, Bezos tweeted a warning to his followers on Twitter, recommending that they “batten down the hatches.” The advice was meant for business owners and consumers alike, Bezos said in the interview.

 

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Articles about recession? What does that mean? Companies now are expecting to take a loss?Just say PPP loans ended. Definitely confusing as hell when you add in the factor we send money somewhere. Not only sending it somewhere, making sure it never has to be payed back.

This is logical. No dear, you won't be getting that new car for Christmas. Be happy we are able to pay the insurance for vehicle we have.

How we in a recession, still giving away $37 billion to another country?

Good advice

“Hope for the best. Prepare for the worst.” JeffBezos This earsplitting pontification of wisdom (as your vapid gf with bolted on lopsided watermelon titties blankly stares into the abyss) for the amazon Meta twitter folks who have been/are about to be laidoff? elonmusk 🥂

saxena_puru Getting a tit bit nipply out there

saxena_puru The fact that he could be one of the richest men in the world, but still date a 4 is beyond me

saxena_puru NotoriousD_E_G

Bezos looks like he aged 5 years in 5 days

His girlfriend looks horrible

Especially the 10k Amazon employees about to lose their jobs. Let me guess : “we miscalculated and grew/hired too much during the pandemic…”

He should return the revamped Amazon Music to what it was before.

No we should not listen to this jerk they want to control the way you should buy or eat. Stock up on food time is ending with this world

No better way to launder money than to do it through “charity”…..

Tell that to my wife, she spends like it’s still the Trump years😀😀

Where is my share from him? He need donate me a car.

lady, cover up that nipple and end the face-stretching treatments now

This fool is WHY I have to rely on HIM for my music! BOTH record stores I used to frequent went belly up!!!

Why is his girlfriend sitting in on this interview?

We are in a recession.

Y. DONT GET IN TROUBLE WARNED MEANS THATS you Gwen

I love the way his pecs kept flexing during the interview.

Thats $12/gal US..

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