The creator of Amazon warned about the economic recession resulting from the Russian invasion of Ukraine, so he recommends saving as much as possible
Jeff Bezos. (Photo: REUTERS/Clodagh Kilcoyne)
Jeff Bezos is one of the richest people in the world, but he is also the head of Amazon, one of the online stores with the most users in the world, where visits increase at times like Black Friday and Christmas.
In this regard, Bezos made a A statement that has not gone down well with many businesses and that has left users surprised: “you shouldn't make big purchases on Black Friday”.
He made this statement in the same interview in which he said that he intends to donate part of his economic resources to the fight against climate change and the social and political division of the world; therefore, he added to the Americans, but also extrapolated to the rest of the world, not to buy a series of items during these dates.
Bezos warned about the economic recession resulting from the Russian invasion of Ukraine. For this reason, he considers that it is better for companies and consumers to keep the money to save in the face of the current complicated situation.
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What Bezos says that you should not buy Black Friday or Christmas
All of the above and as already explained, is due to the expected recession from 2023, where many families can start to have problems, so he recommends saving for a good mattress, for example.
Basically, this suggests that people do not spend large amounts during this Christmas, also speaking of Black Friday, so it advises citizens that if they spend on something, it is for things they really need, such as clothes, and not very expensive products.
Jeff Bezos. (Photo: Business Insider)
“It's better to save and not invest money right now if it's not critical…the economy isn't looking very good right now. We're not in a recession yet, but we probably will be very soon. You have to eliminate that risk that is already on the table.”
“If you are thinking of buying a big screen TV, think again, save that cash and wait and see what happens. happens. The same with a refrigerator, a new car, or whatever. Just reduce the risks.” I recommend keeping that cash and see what happens,” concluded Bezos.
This advice from the Amazon founder is certainly striking. , a company that has become a giant, in part, thanks to days and discounts like those offered by Black Friday. However, Bezos aims, rather, not to generate unnecessary expenses these days and only take advantage of discounts for things that are needed, leaving whims and attractive prices aside.