Sunday, May 24, 2009
What Recession?
Taiwan's economy shrank by slightly more than 10% last quarter. However, you wouldn't notice the downturn if you went to 鼎泰豐 for a meal. There is still a line outside with people waiting to get in. The restaurant is almost recession-proof. The good news is the food is still as good as ever.
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Same in Madrid (Spain is one of the countries hit the most here in Europe). But just go to the Diego bar, where a delicious drink costs around 10 EUR, and see how crowded it is. A Kurdish friend of mine, who earlier on in his life experienced real poverty, remarked that things cannot be all that bad in the end.
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