Frappuccino

Sunday, October 26, 2008

But there are many spots on the globe where it’s tough to find a Starbucks. And these are precisely the places where banks are surviving, in large part because they have not financially integrated with banks in the Starbucks economies. In the entire continent of Africa, whose banks don’t stray too far, I count just three (in Egypt). We haven’t heard much about bailouts in Central America, where Starbucks has no presence. South America’s banks may be buckling, but they haven’t broken. Argentina, formerly a financial basket case and now a pocket of relative strength, has just one store. Brazil, with a population of nearly 200 million, has a mere 14. Italy hasn’t suffered any major bank failures in part because its banking sector isn’t very active on the international scene. The number of Starbucks there? Zero.

— Daniel Gross, who claims that “the higher the concentration of expensive, nautically themed, faux-Italian-branded Frappuccino joints in a country’s financial capital, the more likely the country is to have suffered catastrophic financial losses.”

this quote, courtesy of my [other] favorite blog.

http://147xxxx.tumblr.com/

it’s bomb. check her out. drink starbucks.

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I love hearing from all of you and greatly appreciate all your feedback and comments! xx Kristen

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