Article: Wait a Minute, Mr. Postman!
Up next in my “Fool Revisited” series was a piece based on some news at the time. Back in September 2011, there were some worries that the US Postal Service was going to default and shut down. Could you imagine if that had actually happened? It’s almost like the current Congress continually pushing off a government shutdown for four weeks at a time because they can’t figure out how to get anything done. That would probably not happen in a developed democracy or anything…
I used the news of the potential USPS closure to take about Netflix (Nasdaq: NFLX), who at the time still delivered movies via the mail (such a quaint time in our nation’s history!). And while I believe you can still sign up for its disc-by-mail service, the majority of Netflix’s customer have moved to streaming, spending hours upon hours staring at an endless array of movie and shows every night before finally deciding to just watch old episodes of something that you have seen hundreds of times… or is that just me? Continue reading “FR: Wait a Minute, Mr. Postman!”