Jeff Bezos Warns People Not to Buy Expensive Things Ahead of Black Friday

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Jeff Bezos Warns People Not to Buy Expensive Things Ahead of Black Friday
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'If we're not in a recession right now, we're likely to be in one very soon.'

7:26 PMHoliday Holdout

"Take some risk off the table... keep some dry powder on hand," he added. "If you're thinking about buying a large screen TV, maybe slow that down, keep that cash, see what happens."It's probably not the advice you expected to hear from the man who owns and runs the online retailer that dominates Black Friday sales every year, in addition to its just-as-lucrative Cyber Monday sale which follows only days later.

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