Coffee And Cigarettes

Tyler Durden's picture

With Greece taxing nearly 90% of the price on a pack of cigarettes, perhaps a far more reliable indicator of sovereign health (ironically) than rating agencies is just how much in sin tax a given country withholds. If that is the case, France really should be worried. Also: don't be surprised if the next sauna you go to has a Starbucks outlet.

Source: GS