Asian Financial Crisis Part 2: China's Debt Bomb

Discussion in 'Economics' started by schizo, Jan 7, 2024.

  1. vanzandt

    vanzandt

    Lol... you're gonna love this one.
    This has got to be the dumbest idea of all time.

    Wendy’s planning Uber-style ‘surge pricing’ where burger prices fluctuate based on demand

    Updated Feb. 26, 2024, 6:16 p.m. ET

    Wendy’s is preparing to test an “Uber-style” surge-pricing model where the cost of menu items will fluctuate throughout the day based on demand — meaning a Dave’s burger will cost more during the lunch or dinner rush.

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    There's so much material here on this one for the late-night comedians... omg:D
     
    #111     Feb 26, 2024
    Overnight likes this.
  2. Overnight

    Overnight

    This is, in a word, asstastic. Will Wendy's lower the cost of their shit during times of lower demand, to make up for periods with a lull in ordering? Blah.
     
    #112     Feb 27, 2024
    vanzandt likes this.
  3. vanzandt

    vanzandt

    Yeah after I post that, I thought well maybe it is great marketing, IF the cap on the surge price is the advertised menu price. So say a Baconator is listed at $5.50 on the drive-thru menu board, but if you come buy at a slow time, say 2:30PM, you get one for $4.50. Kind of like an intermittent coupon. That would make it kind of fun. You never know how good of deal you get unless you try.

    But if Baconators are on their menu at $5.50, and at noon I sit in the drive thru line for 10 minutes, and get to the window and find out the Baconator I bought yesterday at $5.50 is now $6.25.... man it's the point of the thing(!). I'd be so pissed I'd never come back. And not because of the $0.75, it's just the friggin' point.

    And think about it. "Surge pricing". That means they're busy right? So I have to sit in the drive-thru longer to pay more?!!! No effing way. :D
     
    #113     Feb 27, 2024
  4. vanzandt

    vanzandt

    "To clarify, Wendy's will not implement surge pricing, which is the practice of raising prices when demand is highest," company spokesperson Heidi Schauer told The New York Post. "We didn't use that phrase, nor do we plan to implement that practice."

    Schauer said there are no plans to raise prices "when our customers are visiting us most."
     
    #114     Mar 1, 2024
  5. Overnight

    Overnight


    Vanz, you and I have been around the block a few times...

    That Heidi chick just backpedaled her ass back to Ohio. Roffle.
     
    #115     Mar 1, 2024
  6. S2007S

    S2007S

    There is no such thing as a crisis in a world market today....they dont andncannkt exist
    ... In fact a crisis is actually a positive for markets. We have had a handful of crises here and looking back everytime markets would sink just a tad and rally back higher. ...look at the drop from 2020 ...looks like nothing ever happened.
     
    #116     Mar 3, 2024
  7. nitrene

    nitrene

    The real crises to come is a sovereign debt default like what happened in the 1930s when the Austrian super bank Creditanstalt went belly up. If Japan raises there rates & China sells their US debt that would really spike the cost of funding in the US then granma Yellen can't keep issuing $1 trillion in bonds every quarter.
     
    #117     Mar 3, 2024
  8. S2007S

    S2007S



    Sure she can issue 1 trillion in bonds, hell she can issue 10 trillion if she pleases. And let China sell off their US debt. They should have done that years ago!!
     
    #118     Mar 3, 2024