| | | LOL !!
There are many reasons why driving someone’s chicken sandwich in a 4,000-pound SUV is a terrible thing... Liberal eastern cities choking on surplus demand for the chicken ? That's too funny...
But, along with the accelerating collapse of various crypto related frauds ongoing now... its probably a useful thing to note, even considering it as a tracking point... a metric useful to follow in gauging the survival of the various extremes that "excessively easy money" has spawned...
I don't think the food delivery services, as currently constituted, are actually viable businesses...
The restaurants and customers both are over-paying... the stores are losing money on every order, while the services interfere with their internal operations... the customers are overpaying, too... while the drivers aren't paid a living wage... I think the business model is one that thrives on the forced liquidity in labor driven by the ongoing depression. Without open borders and helicopter money supporting the labor and capital flows... poof...
They survive, for now, along with a lot of other "zombie" businesses, largely due to the accumulated impacts of excess in sustained flows of helicopter money... and all the other things dependent on that same source in driving market participants expectations...
Obviously, also, it wouldn't be possible without the failure of various levels of officialdom to sustain prior standards... because... why is this suddenly deemed to not only be OK... but to be something that officialdom have to subsidized with the loss of parking fees and other tax revenue ?
The photo showing cars triple parked in the middle of the street... just wouldn't happen with a properly incentivized "free market" enabling privately owned tow truck operators in preventing it... for a start...
It might seem, at first blush, that some of that's not a commentary on the market... but, its emblematic of the emerging ethos that's a result of the "culture" generated by the expectation that the excess, and the various market eddies spawned by it... is rational...
Chick-fil-A being as successful as they are... a separate issue... here makes them an obvious focal point in the instance... as their popularity highlights the problem in a single instance...
Businesses succeeding based on off loading their costs of doing business onto local governments and others in the community... is hardly unique... but the current vogue in the official tolerance of it ? |
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