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McDonald’s Bankruptcies Soar 40% and Now Thousands of Stores Are About to Disappear

by Epic Economist
August 2, 2023
Heaven's Harvest

McDonald’s is a fast food empire with over 40,000 restaurants across the globe and more than 13,000 locations in the United States. With an annual revenue of over $23 billion a year, the company is by far the largest burger chain in the world.

Since the pandemic, it saw profits ballooning, despite citing rising operational costs and supply chain issues as major problems dragging growth and even passing along a series of price increases to its customers to allegedly offset sales losses. With its stock rallying at the moment, and higher menu prices resulting in a significant increase in average ticket costs, it’s hard to imagine how a business of this size and magnitude can be struggling right now.

The answer is not simple, but in today’s video, we’re going to explain why the biggest fast food chain in the entire industry is facing a rare and yet unsurprising wave of bankruptcies in 2023.

Despite being the greatest fast-food corporation the world has ever seen, 95% of McDonald’s restaurants in America are operated by independent owners, and the war between corporate and franchisees seems to be getting worse this year. For decades, operators have been fighting McDonald’s tightening rules and expensive demands, and now many of them are hitting a breaking point.

For about 40% of franchisees, McDonald’s new financial requirements may end their years-long leases because the company’s rising expenses are not allowing these stores to hit profit targets. Simply put, these franchisees may have their contracts canceled, losing all of their investment if they fail to meet corporate expectations. In other words, one in four McDonald’s operators is at risk of going bankrupt due to the actions of the company itself.

But their strategy of expanding their business on the back of operators isn’t a clever one. At some point, its entire model could be at risk if enough of them decide to leave the company. When they signed their contracts with the megachain, franchisees were promised to become partners with the company. But over the years, corporate changed rules and regulations, so that the operators were the only ones responsible for the risk of managing a low-margin restaurant business during economic downturns.

On a consumer level, things aren’t going great either. The brand’s push for more expensive burgers has not been well-accepted by customers. Even though the average ticket prices have risen by roughly 15% over the past 12 months due to higher menu prices, there are fewer people visiting McDonald’s locations on a monthly basis, and they are even fewer people revisiting its restaurants multiple times in a month.

Put simply, customer loyalty is going down, and that was one of the main pillars that helped McDonald’s to build its brand since its foundation in 1955. Unfortunately, McDonald’s case is a clear demonstration of how a great business can rot from within due to its own greed. That’s a reality more people are waking up to right now, and that ultimately will contribute to the demise of the greatest fast-food chain America has ever seen.

Drudge Report is not alone as more popular news aggregators turn against President Trump. For the real news and opinions from across the web that Americans need, check out JD Rucker’s curated links.

Sound off about this article and video on our Economic Collapse Substack.

Article and video cross-posted from Epic Economist.

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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures

The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?

That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.

From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.

The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.

This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.

For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.

Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.

As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.

If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.

Comments 17

  1. Mike M says:
    3 years ago

    I love MickyDs but now a meal burger fries in $8 bucks. I can go to a lot of places for that or get healthy premade salad or meal from decent grocery store. On top of that it is not fast anymore takes for ever. Feel sorry for people who invested millions took risk then slave to corporate, defeats purpose owning a business. Take those millions buy some residential rental properties and will make more money and full control no employees and 1/100 headaches

    Reply
  2. Mike S says:
    3 years ago

    Did Biden-omics kill the McRib?

    Reply
  3. Sassy says:
    3 years ago

    Maybe their business model should change to one where real, unadulterated food is served.

    Reply
  4. Catpaws says:
    3 years ago

    This is nothing more than the corporate’s Harvard MBAs getting bigger bonuses without knowing where their bonus money comes from. Haven’t been in a Micky D’s in years after convincing me they cannot make a cup of coffee that isn’t rancid or bitter or putting an old hamburger on a roll in the microwave and serving it. .

    Reply
  5. Cajun says:
    3 years ago

    I recently paid $11.40 for a quarter pounder meal. A double cheeseburger meal at Culvers is $2.00 less. It’s no wonder they’re going bankrupt.

    Reply
    • Arty Tearwaffle says:
      3 years ago

      People used to go to the Golden Arches because it was cheap… then because it was reasonable… then with Bernie Sanders’ 15 dollar minimum wage, two adult meals and two happy meals costs over 40 bucks as predicted. Of course franchises are going to fold, their product is 2 out of 10 stars. McDonalds is doomed… Bidenomics.

      Reply
  6. Joe says:
    3 years ago

    This is what happens when wall street instead of main street runs the show. Plus I refuse to eat at fast food anymore because there have seen one too many postings online of workers at fast food that molest the food or refuse to wash their hands after they use the bathroom and that makes me wanna hurl because of it. No thank you I’ll pack my own.

    Reply
  7. Mike Van Horn says:
    3 years ago

    The new restaurants are cold and uninviting, local bars are comfortable. Prices are nearly as high as local bar burgers that are better. After the plandemic, I began supporting local businesses as much as possible. Inflation has spiked and my wages have not. McDonald’s lost my business due to those 4 reasons.

    Reply
  8. Jake M. says:
    3 years ago

    Too expensive for me now. Sad, but true.

    Reply
    • Arty TearArty Teatwafflewaffle says:
      3 years ago

      Remember the 5 dollar foot long from 2021? It’s 9 dollars plus tax now. Subway is doomed too. Thanks Bernie and AOC. Those unemployed employees are going on the taxpayer provided dole… Bidenomics.

      Reply
  9. Jack Fanning says:
    3 years ago

    I haven’t eaten at McDonalds in at least 5 years because of a combination of poor quality and high prices. I don’t intend to go back.

    Reply
  10. Rusty says:
    3 years ago

    Last time I was in McDonald’s was in the early 90’s.
    Not all, but a lot of the employees are ignorant. Not stupid, just have no people skills, a lot don’t appear to WANT to work, that customers are interrupting them from playing grab a** with the each other.
    Other than places like Chic FIL-A & a few others, I don’t bother with fast food places. It’s cheaper to eat at home, thanks to Brandon

    Reply
  11. Nick says:
    3 years ago

    Their business model, of keeping burger prices low via grinding up human trafficking victims and mixing it in with whatever else their patties consist of, was severely disrupted by Trump and they are starting to feel the pinch. Good riddance.

    Reply
    • Arty Tearwaffle says:
      3 years ago

      Cuckoo… cuckoo

      Reply
  12. Arty Tearwaffle says:
    3 years ago

    The ridiculous 15 dollar minimum wage brought us 13 dollar big mac meals, and doomed Burger King, McDonalds and other cheap fast food restaurants. Democrat donkeys screw up everything they touch.

    Reply
  13. Sam says:
    3 years ago

    Best things on the menu are the original hamburger/cheeseburger. I’d like to see them focus on that and even offer six-packs like some of their competitors.

    Also–bring back the beef tallow and salt for french fries.

    Reply
  14. Raice Bannon says:
    3 years ago

    THEY HAVE TOO MANY PRODUCTS AND TOO MANY PEOPLE WORKING1
    Streamline the offerings, get rid of the fancy coffee. Offer about 5 different burgers and fries. 1 Chicken sandwich and nuggets. Start marketing to families and kids again instead of millenials wanting coffee! Break with Disney and go back to coole Happy Meals. The Happy Meals used to bring them in.

    Reply

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