Wal-Mart BanKorp
Now, here’s a frightening story I just heard about. Wal-Mart wants to getinto banking now. That’s all we need. I can just see it, all banks being encouraged to transfer their operations to sweatshops in China. Not that I’m anti-Chineze or xenophobic in any way, but a retail company has no business being in banking services. It just wants to “process payments”. Sure. Then, it will want to hold mortgages. Provide car loans.
Then, Wal-mart will want to get into utilities. Education. Entertainment.
Imagine it: eventually you could live your entire life, and deal with only one company for every need you have.
Welcome to the world of Philip K. Dick.
