There are distinct similarities between Netflix’s most recent results and the set it put out last quarter – smashing all estimates and pledging more cash to original content. Yet this time, we think the streaming giant might have got ahead of itself before its original content strategy has begun reassuring investors. The recent price hikes in North America and Europe are a precursor to a global swelling of prices to come – it is the only way Netflix can justify its $8 billion programming spend for 2018. An interesting figure shows that for Netflix’s 109 million global subscribers, its programming costs work out at $21.50 a head, according to Bloomberg Gadfly. Is this sustainable, and is it possible for Netflix’s…