Saturday, January 30, 2010

Learn about the Beef Bowl index in Japan--how Beef Bowl price wars can reflect deflation in a tough economy

This is a really fascinating article about Japan's current economy. Apparently beef bowl chains are the fast-food of Nippon and when they get into a pricing war with each other this can mean bad things are happening to the Japanese economy. Sadly, this is the case right now.

Another interesting thing I picked up was that Yoshinoya was founded in 1899 and is therefore the oldest fast-food chain in the world (that I've heard of, anyway). McDonalds sure doesn't go back to the 1800s!

Damn, now I'm hungry for beef bowls. I wonder if I can find a place to deliver in Washington Heights, NYC? ;P

Posted via web from thepete's posterous

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