George Bowser Jr

Wall Street Crisis and the "Cable Connection"

I agree with you regarding the debt loads. With the US economy seeming to be going down very slowly, consumer spending has to slow with it. I believe those x-tra household items will be paired first, one being cable television. The Cable's may have a consistent revenue stream with high speed internet, but other than that nothing else. Someone other than Charter (With $19 billion in debt) will crumble and have to sell off assets. Also, unless I am mistaken, U.S. cable companies just have U.S. market share and have no global presence. If this is not true, someone let me know.