### Comment:
Didn't Hollywood do amazing during the depression?  I'm not convinced that people are rushing to cancel their Netflix when/if the economy goes down.  More likely, it seems, is that they cancel their other entertainment expenses.

### REPLY:
People don't need to cancel for this thing to crash.  Current subscriber levels at its current price point isn't nearly enough to justify its valuation.  Entertainment might do well in recession but companies with lots of debt and debt dependence definitely get crushed.  I feel like I'm being super bearish so I want to say that I think Netflix will still be a long term prosperous company.  Their valuation is just gonna get squeezed hard once subscriber growth wanes.

### END.