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  • im_too_hipp im_too_hipp Feb 7, 2010 2:24 PM Flag

    The web is not the future model as it's a "credit" based system

    I predict AMZN will buy a bricks an mortar presence otherwise there's only so much "credit" expansion they can get on sales on the net. Sort of like having super AAPL stores. Cater to the upscale all you want, this Secular recession is going to eat up the credit scale slowly and retard credit card internet consumer growth rate purchases. That's why you bubbleheads arguing that the Kindle book story is overblown are missing why maybe AMZn is rolling over, credit card $ purchases on the internet are going to level out due to reduced credit card use.

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