![]() Phoebe Wall Howard of The Detroit Free Press pointed out that the "auto industry, one of our nation’s key economic drivers, has struggled with supply chain hell for 3 years.’ Last month, Jeff Bezos had also suggested that Americans should prepare to "batten down the hatches" ahead of the possible downturn. ![]() If you’re thinking about buying a large screen TV, maybe slow that down, keep that cash, see what happens," Jeff Bezos said. Just a little bit of risk reduction could make the difference. Read more: Amazon's Jeff Bezos to give away most of his $124 billion fortune: Report Jeff Bezos: Amazon founder Jeff Bezos is seen.(Bloomberg)ĭuring an interview with CNN, Jeff Bezos advised Americans to stash away some money to avoid potential pain heading into 2023. Billionaire Amazon founder Jeff Bezos faced backlash after he advised Americans struggling with inflation to consider not making large purchases amid fears that the country could see an economic downturn in the coming months.
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