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AMAZON - Should we be concerned?
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<blockquote data-quote="Jackburton" data-source="post: 3018579" data-attributes="member: 34538"><p>Warren Buffet says, "When the tide goes out, you can find out who's skinny dipping". One economic downturn will destroy all these startup/last mile services. They rely, much like UPS, on density to make their bottom lines. Take that away and you have a fleet of planes and trucks sitting in the yard.</p><p></p><p>It becomes a financial money pit and they'll close it.</p><p></p><p>Want proof it's unsustainable, why would we be bumping up to record consumer debt when things are "going great".</p><p></p><p><a href="http://www.marketwatch.com/story/us-households-will-soon-have-as-much-debt-as-they-had-in-2008-2017-04-03" target="_blank">Americans now have the highest credit-card debt in U.S. history</a></p></blockquote><p></p>
[QUOTE="Jackburton, post: 3018579, member: 34538"] Warren Buffet says, "When the tide goes out, you can find out who's skinny dipping". One economic downturn will destroy all these startup/last mile services. They rely, much like UPS, on density to make their bottom lines. Take that away and you have a fleet of planes and trucks sitting in the yard. It becomes a financial money pit and they'll close it. Want proof it's unsustainable, why would we be bumping up to record consumer debt when things are "going great". [URL='http://www.marketwatch.com/story/us-households-will-soon-have-as-much-debt-as-they-had-in-2008-2017-04-03']Americans now have the highest credit-card debt in U.S. history[/URL] [/QUOTE]
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AMAZON - Should we be concerned?
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