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Wounded Bear

(63,748 posts)

11. Yeah, this feels like a bit of a diversion...

Sat Jan 7, 2017, 10:55 AM

Jan 2017

the real bubble coming up is the student loan industry. Pres Obama tried to alleviate it a bit, but with Repubs in charge, I'd expect it to burst in another 2-3 years at the most. I figure the Repubs will do another fly-by-night rescue of the banks and leave all the debtors out in the cold. That's why they want to disassemble Dodd-Frank, so they can get another bailout.

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There's A Masive Restaurant Industry Bubble, and It's About To Burst [View all] Grey Lemercier Jan 2017 OP

There is another bubble.... louis-t Jan 2017 #1

I've seen that Renew Deal Jan 2017 #5

Well on the plus side, when Trump and his cabinet of billionaires... Initech Jan 2017 #24

Excellent article underpants Jan 2017 #2

I was just going to mention that myself. I'm not a huge foodie because I personally Nay Jan 2017 #19

I also think there is a short life span of opening your own restaurant underpants Jan 2017 #22

Which is exactly why the restaurant business needs a $15 minimum wage philosslayer Jan 2017 #55

Locally, they come and go. Mostly they go when the building owner jacks up the rent. FarCenter Jan 2017 #3

Yep. A local Chinese Restaurant paid $12K/Month for a medium strip mall store. Move to small $6K one TheBlackAdder Jan 2017 #16

Interesting article. Thanks for sharing Renew Deal Jan 2017 #4

Smoothies have been a thing HoneyBadger Jan 2017 #10

The current poke thing I just don't understand Retrograde Jan 2017 #25

I really don't get out much, but . . . what is "poke"? hatrack Jan 2017 #28

Minced fish (usually ahi (tuna) scraps) mixed Retrograde Jan 2017 #33

Sounds tasty - hard to beat good fresh tuna, especially raw! hatrack Jan 2017 #34

Agreed, but there's no way I'll ever eat it outside of Hawaii. . . DinahMoeHum Jan 2017 #54

Maybe if they focused on healthier, or, gasp, more vegetarian, meals that would help. MoonRiver Jan 2017 #6

In the Twin Cities of MN, where I live, restaurants open and close MineralMan Jan 2017 #7

There are a lot of great reasons to stay out of he restaurant business. Renew Deal Jan 2017 #12

Yes. That's what I finally figured out in time to avoid all that. MineralMan Jan 2017 #14

I live out in the suburbs of the TC and nadine_mn Jan 2017 #18

A friend that advises restaurants on how to cut costs and make $ HoneyBadger Jan 2017 #8

im callin bullshit. mopinko Jan 2017 #9

Yeah, this feels like a bit of a diversion... Wounded Bear Jan 2017 #11

We need a student loan jubilee. Ilsa Jan 2017 #49

Some places in the food-obsessed Bay Area are moving away from tipping KamaAina Jan 2017 #37

and doing well w it, i hear. mopinko Jan 2017 #39

drumph thinks minimum wages are a bad idea BSdetect Jan 2017 #13

Don't forget the biggest part of contract work in his world Bettie Jan 2017 #42

Low work force participation rate hollowdweller Jan 2017 #15

I could have seen this coming. smirkymonkey Jan 2017 #17

That's why I budget dining out under "entertainment" rather than "food" Retrograde Jan 2017 #27

I can cook for myself for a week for the price of one meal in a restaurant. Binkie The Clown Jan 2017 #20

Sit down restaurants aren't selling food -- they are selling "experiences". FarCenter Jan 2017 #21

I prefer to make my own "experiences" rather than buying them. Binkie The Clown Jan 2017 #46

Mostly for variety. There are a lot of good dishes HeartachesNhangovers Jan 2017 #35

I can understand that. Binkie The Clown Jan 2017 #45

That's great for your health. I know quite a few HeartachesNhangovers Jan 2017 #48

We will be OK as long as - wait for it - Olive Garden survives Achilleaze Jan 2017 #23

One of the few chains with a "smoke-while-you-breastfeed" area. ret5hd Jan 2017 #26

And it's pet-friendly! KamaAina Jan 2017 #38

Their weekly "pit-bull-circumcision-special" never really took off. ret5hd Jan 2017 #41

Congrats for falling on the sword. Somebody had to do it! eleny Jan 2017 #53

The US is a bubble economy. guillaumeb Jan 2017 #29

I also think a lot of Foodies are trying to cook at home more often Freethinker65 Jan 2017 #30

Culinary Schools edhopper Jan 2017 #31

especially when restaurants can still grow their own talent. mopinko Jan 2017 #40

so true edhopper Jan 2017 #43

Hasn't this cannabis_flower Jan 2017 #32

Seems like something's got to give. Hopefully HeartachesNhangovers Jan 2017 #36

I suspect "bubble" is a bit of a hyperbolic misnomer, here. Warren DeMontague Jan 2017 #44

Good, resturants do not deserve people's money. You can prepare your own food RB TexLa Jan 2017 #47

I don't eat out with you. nt Codeine Jan 2017 #50

! ret5hd Jan 2017 #52

My wife and I don't eat out as much as we used to. Aristus Jan 2017 #51

While we're on the subject, last month I read vanlassie Jan 2017 #56

most businesses like this already go out of business. in places like Los Angeles people are always JI7 Jan 2017 #57