Whoa. This credit crunch thing is serious. The Shake Shack is offering a $125 burger event. This in itself is a non-event, but in an attempt to create some value, the Shake Shack was forced to throw in a free book from the author of “Meat Me in Manhattan,” beer, wine, and the ‘Concreation Station,’ where you can make your own drinks in a special concrete mixer.
This is scary--when the $175 burger has fallen all the way to $125. Worse than the price of oil plunging. So this is what a recession feels like?