{"id":296500,"date":"2022-11-21T09:26:12","date_gmt":"2022-11-21T04:26:12","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=296500"},"modified":"2022-11-21T09:26:12","modified_gmt":"2022-11-21T04:26:12","slug":"bilionaire-bezos-warns-of-recession-advises-people-to-hold-onto-money","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/bilionaire-bezos-warns-of-recession-advises-people-to-hold-onto-money\/","title":{"rendered":"Bilionaire Bezos warns of recession, advises people to \u2018hold onto money\u2019"},"content":{"rendered":"<p> washington<br \/>\nBillionaire Jeff Bezos has recently warned people about an oncoming economic recession advising businesses and consumers alike not to buy big costly items during the holiday season.<br \/>\nThe Amazon founder said that consumers must keep their cash safe and avoid spending on unnecessary items in the coming months. He claimed that the United States was about to face a recession which is why American families must not buy \u201cbig-ticket items\u201d like refrigerators, TVs, and new cars. Speaking to CNN, he said: \u201cTake some risk off the table.\u201d \u201cKeep some dry powder on hand [&#8230;] Just a little bit of risk reduction could make the difference for that small business if we do get into even more serious economic problems,\u201d the outlet quoted him as saying. \u201cYou\u2019ve got to play the probabilities a little bit.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>washington Billionaire Jeff Bezos has recently warned people about an oncoming economic recession advising businesses and consumers alike not to buy big costly items during the holiday season. The Amazon founder said that consumers must keep their cash safe and avoid spending on unnecessary items in the coming months. He claimed that the United States [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[],"class_list":{"0":"post-296500","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bilionaire Bezos warns of recession, advises people to \u2018hold onto money\u2019<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/bilionaire-bezos-warns-of-recession-advises-people-to-hold-onto-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bilionaire Bezos warns of recession, advises people to \u2018hold onto money\u2019\" \/>\n<meta property=\"og:description\" content=\"washington Billionaire Jeff Bezos has recently warned people about an oncoming economic recession advising businesses and consumers alike not to buy big costly items during the holiday season. The Amazon founder said that consumers must keep their cash safe and avoid spending on unnecessary items in the coming months. 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