Archive for January 15th, 2013

World View: Americans eat Chinese food, and the Chinese eat ..

January 15, 2013

You guessed it, Kentucky Fried Chicken.

Yum has been one of the most successful foreign companies in China.

Yum has more than 4,000 KFC outlets and more than 700 Pizza Huts.

Yum gets about 50% of its revenue from China.

image

Nice to see the Chinese adopting a wholesome American diet …

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$$$: The Federal budget on the head of a pin …

January 15, 2013

Nice recap courtesy of JP Morgan Wealth Management …

Easy facts to remember:

  • Feds take in about $2.5 trillion in taxes
  • Deficit is just over $1.1 trillion
  • Spending is over $3.6 trillion

Note that Social Security & Medicare spending is about twice what’s taken in via “Social Insurance” … aka. “payroll taxes”.

Also note how big that dashed Borrowing box is.

We don’t have a spending problem.

Yeah, right.

image

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Chart Tip: Being picky, but they should have put Social Insurance at the bottom of the sources’ stack so that it lined up with Social Security and Medicare.

Every list should have a logical order … and that order is rarely the order that you thought of things.

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Follow on Twitter @KenHoma           >> Latest Posts

Innovation: Gimme a bag of soup …

January 15, 2013

Excerpted from “Kicking The Can: Campbell’s CEO Bets On Soup-In-A-Bag For 20-Somethings”

Denise Morrison, Campbell’s new CEO, is determined to shake things up.

She was hired to stabilize the soup and simple meals businesses, expand internationally, grow faster in healthy beverages and baked snacks.

Dubbed “the savior of soup”, she’s driven Campbell’s innovators to launch more than 50 new products in her 1st year.

For example, Campbell’s launched Go Soups, a six-flavor line in plastic pouches meant to convey freshness while capturing millennials’ adventurous tastes.

campbells soup in a bag

Ken’s Take:

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