House Of Cards: Netflix is One of the Poster Children for Tech Bubble 2.0
How can a company that is going to generate $2,000,000,000 in negative free cash flow in 2017 be worth 70 billion dollars? Netflix has soared in popularity in recent years, but so have their financial losses. Just like during the original tech bubble, investors are ignoring basic fundamentals...[Read more ...]
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Category: Economy
Tags: daily news, debt, economic collapse, end the fed, Federal Reserve, inflation, national debt, Netflix, President Donald Trump, trade, U.S. Economy, unemployment
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