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The Independent UK
The Independent UK
National
Graig Graziosi

Jeff Bezos faces backlash over money advice for Americans as Amazon readies for Black Friday deals

CNN

Billionaire Amazon founder Jeff Bezos is facing backlash after he advised Americans struggling with inflation to consider not making large purchases, like homes and cars, due to the looming potential for an economic downturn in the coming months.

During an interview with CNN Business, Mr Bezos advised Americans to stash away some money to avoid potential pain heading into 2023 if economic conditions worsen.

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