Well, they’re saying nothing is wrong because they’re trying to contain the panic. However, they’re not doing a great job at it. I just renewed my mortgage yesterday and they quoted me 5.35%. I said that I got a quote last week from the bank manager for 5.15%. So they get back to me and say they’ll hounor the quote, even though rates have gone up (for 5 year fixed). Funny that the rates for variable went down yesterday by 0.5%. What a nutty world.
I don’t know what Netflix is worried about. I would think with winter coming and people not going out as much because of the recession/depression, they would stay home and watch more movies. I guess we’ll see.