A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
April 04, 2009
Krispy Kreme going broke?
Say it ain’t so! But, Moody’s has it on a list of “bottom-rung” companies that are most likely to default on debt payments. It’s all part of what may be the biggest troubled industry after cars, houses and newspapers in the current recession — restaurants. “Casual dine” chains, especially, overbuilt as much as cars and autos during the semi-good times earlier this decade and are now facing the financial piper.
Labels:
recession 2009,
restaurant industry
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