Markets Insider: Jeff Bezos Warns a Recession is Looming - and Americans Should 'Prepare for the Worst'

Article by Theron Mohamed in Markets Insider

Jeff Bezos has warned a US recession is looming, and advised consumers and businesses to stockpile cash in case there's a devastating downturn.

"The economy does not look great right now," Amazon's billionaire founder and executive chairman told CNN on Saturday.

"Things are slowing down, you're seeing layoffs in many, many sectors of the economy," he continued.

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