Do Not Spend Money!!! - Jeff Bezos
Monday, November 28, 2022 1:56 AM
If you read about the economy it seems to be going up and down everyday for more reasons that I could list. Everyone with a crystal ball says a huge recession is coming.
But…
A report came out that this was the biggest Black Friday in regards to sales ever. I mistakenly drove by a mall at 6pm on Friday and got into a traffic jam because I totally forgot about Black Friday still being a “thing” in physical retail stores.
Still, the one thing that sticks in my head is a Jeff Bezos quote this week where he says people shouldn’t buy a new car, or don’t buy that new TV, because who knows what around the corner will bring in the coming months, and why do you need to put that burden of expense on yourself with uncertain times ahead.
I don’t recall ever hearing news about him making a statement about the economy, and I find it really odd a guy who probably banks on Black Friday for his company making a statement like this days before Black Friday.
Most of us have read how stocks for many tech companies who really kicked ass during the pandemic (Amazon included) are getting their asses kicked right now. Does this guy know something we don’t, or is it just purely speculation?
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