A man with a fork in a land of soup.
That was really nicely done.
While those number may sound impressive, they are basically meaningless. The more important numbers are their leverage ratio, their debt to equity ratio and their liquidity. In order to have a sense of a company's health, you need all that. Remember Lehman Brothers? In July of 2008, they had $640 billion in assets. By December 2008 they had filed for bankruptcy and creditors received .18 cents on the dollar.
By the way, Santander Bank just failed the stress test (news came out a few hours ago), which means they do not have sufficient capital to cover operations in the event of a crisis. And their stock price is down over 60% in the last 15 months. Once again, not a good sign.
The danger with very big global businesses is that when they go down, they go down fast and take a lot of others with them because of the interconnection of the globalized economy. One of the tools a sovereign nation has to combat this kind of economic shock is the ability to pump liquidity into the system (print money) or slow down inflation by raising interest rates. But, as an EU vassal, you do not have that power. Only the ECB has that power and if you seek their help, you become Greece. Austerity hell. Do you want that?
The EU will not last because they have become an elitist technocratic nightmare. What the Brexit did was put the world on notice. That was just the first domino to fall, more will follow. Bet the farm on it. And yes: Spain will be among the first five to leave the EU. Wait and see.
Any continent ruled by un-elected, unaccountable bureaucrats is doomed to failure. Britain made the right call. They will suffer some short term pain, but the long term benefits will outweigh the short term hardships.
More importantly, this will compel other EU nations to follow suit. Watch for Spain, Portugal, Italy and Greece to be next in line for an exit. After that, all bets are off and the EU's days are numbered.
That's a very liberating approach. Well thought out. Best of luck with the movie. Looking forward to seeing it.
Yeah, it all sounds pretty rosy, until you do the math.
At first glance, I thought it said ".15 per minute" and I thought...not bad. Then I realized, it's .15 PER HOUR. And I thought...not good. Then I read the information on their website and realized, it's capped at 500,000 hours per year per title. So if your movie gets viewed at the maximum rate, you stand to make $75,000 for the year (before taxes). So, if you have a 90 minute film and 333,333 people watch it in it's entirety, you can make 75k minus tax. That's a lot of people...it's not much money. And the final insult, if a million people watch your film in it's entirety...you still get only 75K...minus taxes.
Is this the future? If so...it's depressing.