Global Intel Hub — Knoxville, TN 8/20/2024 — Another news day, another failed restaurant, this time – a unique take on the American tradition: Burgers. Burger FI has a fresh concept that was popularized and spread quickly due to their expensive but tasty gourmet burgers and shakes. From Zero Hedge:
BurgerFi’s financial situation is only getting worse.
It expects to report net losses of $18.4 million for the quarter ending July 1 compared to a $6 million loss during the same period in 2023. The increase was driven primarily due to lower operating income, higher general and administrative expenses and larger restructuring costs.
As Julie Littman reports for RestaurantDive, the chain also expects to report restaurant sales declines of $1.8 million, or 4% year-over-year, last quarter.
A 4% loss normally wouldn’t spark a bankruptcy, however, this is the environment we’re living in.
The truth is that all businesses are being squeezed by cost inflation. The ‘less chips in the bag’ trick is not working because the inflation is so severe, because it’s not only prices it’s all costs. As one group is impacted by inflation they pass that off to another group with higher taxes, higher fees, etc. until it creates an endless loop of everything going up.
On the other end of the spectrum, there are some Monopolies that are benefiting from inflation, which is the reason why the Elite’s behind these policies so much love them. Inflation also pumps up asset prices including real estate, stocks, and even rents.
Once again, it’s a story about the have’s vs. the have nots, a case of taxing the little guy out of existence.
The British Pound since inception has lost over 99.5% of it’s value [1].
The Central Banking system is a consolidated tool of financial slavery, although it does allow for the smart players to advance up the chain to a certain point, and it does allow for well paid ‘Gatekeepers’ such as bankers, lawyers, and other representatives to live a good life and be well-fed keeping the juice flowing and the status quo on top. Most people don’t realize that our financial system is one of thousands of possible alternatives, and not necessarily the best one. Researcher and Author Paul Wallis says our system of central banking goes back for thousands of years and is even in the Bible:
[2]
Publicity campaigns are used to explain that the Fed is “Fighting inflation” when it’s the same Fed that creates it. This method of Currency debasement as a tool of control has been around for thousands of years, even since Egypt. The other leg of this unstable stool is White House policy, who created massive inflation by sanctioning the largest oil producer in the world, Russia. The war in Ukraine is not about what is said in the mainstream, or even what the alternative media says – it’s about keeping the US Dollar War Machine going. By eliminating a huge commodity bloc (Russia et al) from the World’s economy, the cost of physical goods, all shipped by Oil, skyrocketed. Russia switched from a US Dollar based system (yes, before the war, Russia’s #1 non-Ruble currency was the USD) to a Yuan (China) based system.
What keeps the USD strong is constant USD inflows into the US – this also keeps inflation low. The IRS tracks this and it’s known as (FDI) Foreign Direct Investment. Also, foreigners like Russia that are buying USD to shore up their balance sheet or for a safety trade, keeps the USD strong and inflation low. The White House, i.e. Biden destroyed all that with the brazen attack on Russia (call it what you want, we have to burn the village to save it nonsense). The US aggressively threatened Russia directly and through it’s controlled proxy “Ukraine” – this supports families making bombs in Costa Mesa, CA as well as the huge rebuilding effort which will no doubt go to US based contractors like Bechtel and Halliburton. With an obvious ‘victim’ (Ukraine) nobody is going to ask questions about the US controlled biolabs which even include Hunter Biden as a ‘consultant’ – or ask where 70% of the funding to Ukraine actually went. This magic trick is a multi-dimensional play here and it’s worked for millennia.
If restaurants are to grow, the trick is to own the Real Estate. In the restaurant business you have 3 main costs; rent, labor, and food. If the cost of all 3 is going up there’s nothing you can do but close. Burger FI isn’t the first example of this, recently Red Lobster crawled into an impossible situation with their endless shrimp offering.
To stay ahead of the inflation curve, invest where the Elite’s put their money, in Private Equity and Venture Capital (For accredited investors only).
[1] https://www.in2013dollars.com/uk/inflation/1829
[2] https://www.youtube.com/watch?v=2MqLvNR-mDc&t=4386s Paul Wallis has traveled the world to find evidence for his startling claim that extraterrestrial visitors invaded the Earth and carved it up into different fiefdoms where their human subjects were used as proxies in wars against one another. He says that while some of the off-world visitors were benign and tried to uplift humans with advanced technologies, art, and literature, others were bent on world domination and ruthlessly invaded the fiefdoms of their peers and rivals. Most disturbingly, Wallis claims that evidence of these invasions continues to the modern day and explains much of the war, poverty and misery happening around the world is a result of ruthless off-world visitors manipulating human elites behind the scenes to continue their proxy wars against one another. Wallis presents evidence for ancient alien invasions and why this continues to the modern era in The Invasion of Eden which is Book 5 of his best-selling Eden series. Wallis served for 33 years as a Church Doctor, Theological Educator, and an Archdeacon in the Anglican Church in Australia, is an expert on the Christian and Hebrew Bibles, and has also interviewed multiple archeological experts in his 5th Kind TV series. His websites are: https://paulanthonywallis.com/ & https://www.5thkind.tv/
