clock menu more-arrow no yes

Filed under:

The Real Culprit

2008_10_buckswirelogo.jpg While everyone points fingers during this economic crisis, who knew that it was Starbucks' fault all along? Introducing the Starbucks theory of international economics, which proposes that the more Frappuccino joints in a country's financial capital, the more likely the country is to have suffered financial losses: "Like American financial capitalism, Starbucks, fueled by the capital markets, took a great idea too far (quality coffee for Starbucks, securitization for Wall Street) and diluted the experience unnecessarily (subprime food such as egg-and-sausage sandwiches for Starbucks, subprime loans for Wall Street)." [Slate via Eater SF]

Sign up for the newsletter Sign up for the Eater Los Angeles newsletter

The freshest news from the local food world