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I think it’s because many (most?) people would prefer Ruth’s Chris failing over their local mom and pop. I think I’m in that boat and I like Ruth’s Chris, except the one in SF - was not impressed.

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The thing about large restaurant chains is that they can easily borrow money, their scale is such that their banks will lend them money regardless of the pandemic (even if that's simply because they've previously borrowed).

Ruth's Chris isn't in nearly as much danger of going out of business as, say, a 1000 or so single-location restaurants that didn't get the time of day from JP Morgan when they called.

Right. I agree.

I can put a stick of butter on a New York Strip at home for less than $100. Who needs Ruth's Chris.

Who needs any restaurant?

Fair point...certainly seems to be more supply than demand even before CV19

There's a lot of things we don't _need_ that we still enjoy. In fact, the vast majority of things fall into that category.

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