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Jeff Bezos' top tips for managing the economic downturn | 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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Says one of the poster boys for Corporate Greed as he simultaneously fires 10,000 and launches a whitewashing PR stunt with Dolly and Van.

Geeeeeeesh!

Did he have to do this a day before taco Tuesday? Like Jeff, man…I get it tacos can be risky, but let’s not start a riot.

Does that include the Washington Commanders?

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Exclusive: Jeff Bezos offers his advice on taking risks right now | CNN BusinessIn an exclusive interview with CNN's Chloe Melas, Jeff Bezos, Executive Chair of Amazon, explains what he meant when he tweeted that folks should 'batten down the hatches.' Weird little worm guy L ericswalwell sent this message- read my response!
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