Amazon Sounds the Alarm The U.S. Economy Is About to CRASH

Amazon, America’s $1.3 trillion e-commerce and cloud juggernaut—has sounded a stark warning about the U.S. economy. In late 2022, founder Jeff Bezos told everyone to “batten down the hatches,” aligning with other high-profile alarm bells from leaders like JPMorgan Chase CEO Jamie Dimon, who compared the challenges to a looming “hurricane.” Fast-forward to today, and Amazon’s actions signal a broader crisis on the horizon.

The tech giant’s once-relentless growth has hit a wall. Retail sales have slowed as consumers tighten their belts, focusing on essentials rather than splurges. Amazon Web Services, its most profitable division, is witnessing clients cut back spending, fearing harder economic times. The company even executed massive layoffs and paused ambitious expansion projects, an unprecedented move for a firm famous for its aggressive growth.

Why does this matter? Amazon sits at the heart of consumer spending and business investment. When it sees trouble ahead and clamps down, it’s often a red flag for the wider economy. Although the U.S. job market remains strong and some signs of optimism linger, Amazon’s caution shouldn’t be ignored. Will America navigate a “soft landing,” or is a recession or worse right around the corner? Dive into this video for the full story behind Amazon’s warning sirens and what they might mean for all of us.

Видео Amazon Sounds the Alarm The U.S. Economy Is About to CRASH канала Finance Economist