And Spirit Airlines might still have been alive.
No backwards retail banking = much less points on credit cards = no extra market power for those airlines capable of offering premium rewards
Philipp Golka
Theory: leaving aside the seeming lack of much read through to productivity, backwards US retail banking has been bad for the world.
No backwards US retail banking = no PayPal = no PayPal Mafia.
Continually amazed how much US FinTech is offering something absolutely standard in European banking.
