Starbucks closing 600 stores in the US
I guess that would constitute a sign of a slowing economy. But why on earth people pay $4.00 for a cup of burned coffee escapes me anyway. I realize many people like the social experience of Starbucks, and that's worth something. But the coffee is so overpriced that it resembles the housing bubble....hey! Maybe I'm onto something here.
1 comment:
There's a potential upside to this story to build real community instead of the faux, forced "community" promoted by the community associations industry.
When times were flush, lots of people purchased upscale coffee and espresso machines. Instead of driving to Starbucks on $4.50 a gallon gas, fire up those machines and invite the neighbors over for a cup.
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