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PBD Podcast

Home Team | PBD Podcast | Ep. 311

Oct 6, 2023
01:43:47
Snipd AI
The PBD Podcast covers a wide range of topics including the economy, healthcare worker strikes, rising interest rates, troubles in the Chinese real estate market, transformation of industrial buildings, frustration over voting patterns, Trevor Bauer's sexual assault accusation, false accusations, verbal abuse on children, disturbing arguments for normalizing pedophilia, and luxury doomsday bunkers.
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Podcast summary created with Snipd AI

Quick takeaways

  • Starbucks is closing seven downtown San Francisco stores due to rising crime rates and other challenges, emphasizing the impact of bad policies on businesses.
  • The commercial real estate market is facing potential crisis with concerns about defaults on debt and a severe crash, highlighting the challenges posed by rising interest rates and declining property values.

Deep dives

Starbucks closes seven stores in downtown San Francisco

Starbucks is closing seven downtown San Francisco stores due to several factors, including bad policies, and to ensure a healthy store portfolio. The closures, effective October 22, are a result of rising crime rates and other challenges faced by businesses in the area. The closures will offer transfer opportunities to employees at the affected stores.

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