I personally think that much of the problems today is that there are too many restaurants, coffee shops,etc. When I was growing up, we had very few restaurants. We had a couple of drive-ins, a few icecream drive-ups, etc.
That article got me to thinking about the amount of food establishments within a 2 mile stretch of where I live. The numbers are staggering. You have to count the grocery stores, gasoline food marts, even now Walgreens has a coffee section in their stores. Do you think that all of these food establishment can succeed? I don't think so.
What I can add is that those who don't save are usually the first ones at your door asking for a loan - that they may or may not pay back.
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