American billionaire Jeff Bezos issues a financial warning; “Don’t buy TV, Cars, Fridges during this time”
Popular business magnate and executive chairman of Amazon, Jeffery Preston Bezos “Jeff Bezos” has sent a glaring warning to investors amid couple of unforeseen global economic crisis economic.
During an interview with Cable News Network Incorporated (CNN), The billionaire indicated that; “The economy does not look good right now, things are slowing down. You are seeing layoffs in many sectors of the economy. And this means that you must tighten your budget. If you are an individual considering purchasing a big-screen television, you might want to wait, hold onto your money, and see what transpires. The same is true with automobile, refrigerator or whatever else. Just remove some risks from the equation. That is a not a good sign for investors”.
Jeff further admonished that, business entities are not equal and might not be able to thrive even if an economy respites.
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