Originally Posted by
Dutch Uncle
How the fuck do you get that? It's like saying buying a hamburger at McDonald's is a Ponzi scheme. If Netflix collapsed, someone else would fill the niche.
They keep adding debt because it keeps their stock price up because people have bought the story that once they get big enough they will be too big to die....they have sold a story that Netflix is like Amazon...that spending like Amazon is good for the long term....adding debt for content is registered as progress on the plan.
The opposite is true, they are adding debt that they will never pay off in part because they are buying crap, because they will end up bankrupt, and their library will be valued at a fraction of that Netflix claims its value is.
Those who buy late will lose almost everything.
Ponzi Scheme.
This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.
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