Sunday, December 2, 2007

Korean Cheese Crisis

Cheese 'Crisis' Curdles Profits for Korea's Pizza Makers
Korean pizza restaurants are in the midst of a "cheese crisis", as soaring demand for dairy products in China has the price of cheese sky-rocketing. Unable to bear the increasing costs, a great number of small pizzerias have gone out of business. Many survivors have been forced to hike prices even though they know that will cost them customers.

Behold the power of cheese!

The cheese shortage has also triggered other problems, such as greater circulation of cheese products nearing their expiration dates and more low-quality cheeses made from high percentages of imitation cheese.

An Asel Food employee said that the situation facing the pizza industry is more serious than was the financial crisis of 1997.


Anonymous said...

Mark, I saw on CR that someone was having trouble acsessing your site, don't know if it is your problem or his but I found this. I'm not having any trouble though.


Stagflationary Mark said...


Thanks. Earlier, I actually looked at my robots.txt file and compared it to Calculated Risk's robots.txt file. They were identical other than the difference in the names between our two sites. It doesn't seem likely that the problem is at my end, but who knows!