Kentucky Fried China

Earlier today we discovered that the Kentucky economy isn’t as bleak as we had assumed, and now we learn that Yum! Brands’ stock surged nearly 8% because CEO David Novak said the magic word “China” and PRESTO! another day-trader refrains from suicide. [The Courier-Journal]

Novak said Yum’s business in China, where the company has just over 3,100 restaurants and where KFC has become a dominant brand, will continue to grow, with 1,500 more restaurants opening there in the next three years.

“Yum is doing its part to stimulate the Chinese economy,” he said.

To be sure, China’s explosive growth has slowed somewhat due to the Global Economic Crisis of Doom, but a slow-growing China still outpaces whatever it is exactly our economy is doing right this second. Besides, we’ve pretty much built as many KFCs, Pizza Huts, and Taco Bells that we could upon North American soil without sinking ourselves into the ocean.

Nonetheless, this is awesome! Because of Premier Obama’s anti-American agenda, we’re all be communists pretty soon anyway. And what’s good for one socialist goose is good for the rotissery-fried gander, eh?

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