The combination of a contracting economy and rising debt levels has driven the market yield on Greek two years notes to near 25% and on its 10-year debt to around 15%.
Apparently the frequency with which consumers are dining out has been on the rise since mid-2009, presumably since contracting during the worst part of the recession and stock market collapse, and the writers at The Fiscal Times think it may have something to do with cost.
In a world in which such resources are certainly finite, and possibly contracting, they also have the effect of taking them off a global market upon which the United States is increasingly dependent.