For #1 it’s not coffee, it’s fancy coffee.
You can get a basic cup of coffee at Dunkin’ donuts or McDonald’s or whatnot for a buck or two. Starbucks you end up with the venti half caff oat milk pumpkin spice latte with three pumps extra foam no drizzle or some similar thing that takes 10+ words to order, and it ends up being $7-$8ish. Add a pastry or sandwich and you’re at $10-$15.
When the belt gets squeezed, that goes away in favor of the $2 Dunkin coffee and 99c donut.
Is not being able to afford coffee a good indicator of a looming recession?
Closing unionized stores, eh? I’m sure that’s a total coincidence.
Billionaires are your enemy.
For #1 it’s not coffee, it’s fancy coffee. You can get a basic cup of coffee at Dunkin’ donuts or McDonald’s or whatnot for a buck or two. Starbucks you end up with the venti half caff oat milk pumpkin spice latte with three pumps extra foam no drizzle or some similar thing that takes 10+ words to order, and it ends up being $7-$8ish. Add a pastry or sandwich and you’re at $10-$15.
When the belt gets squeezed, that goes away in favor of the $2 Dunkin coffee and 99c donut.
Re 1, probably, but Starbucks isn’t just “coffee”, it’s like a luxury brand of coffee, lol.
When people can’t afford even the basic stuff, then I’d consider it an indicator.