My one-hundredth-and-twenty-third YouTube video “Netflix, Inflation, and Demand Destruction” went up today.
Today I’m covering Netflix’s (NFLX) crash after releasing subscriber numbers showing the loss of 200K subscribers for the quarter and then predicting a loss of ten times that many for next quarter. I think we are starting to see signs of demand destruction due to ongoing inflation. That demand destruction will only get more severe as the Fed continues to raise rates.
Please watch and subscribe to my YouTube channel. And like my video.
Here’s the link:
