WSJ: Iceland Loses Its Golden Arches

October 29th, 200910:24 am @

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WSJ: Iceland Loses Its Golden Arches

The Financial Times put McD’s Iceland departure on its front page today, and the central role of McDonald’s as the prime example/metaphor for the costs and benefits of a global economy
The pros: as per Thomas Friedman: “No two countries that both had McDonald’s had fought a war against each other since each got its McDonald’s.”
The cons: variously, McDonald’s is a symbol of American cultural imperialism, capitalism, environmental meat-eatist degradation. And, of course, its departure could now mean that Iceland, now off the special sauce, is also off the world’s economic grid.

The Financial Times put McD’s Iceland departure on its front page today, and the central role of McDonald’s as the prime example/metaphor for the costs and benefits of a global economy

The pros: as per Thomas Friedman: “No two countries that both had McDonald’s had fought a war against each other since each got its McDonald’s.”

The cons: variously, McDonald’s is a symbol of American cultural imperialism, capitalism, environmental meat-eatist degradation. And, of course, its departure could now mean that Iceland, now off the special sauce, is also off the world’s economic grid.

From the WSJ

I decided to check out the line at McDonald’s last night. Thirty minutes wait for a Big Mac and cars lining up like in a doomsday movie.

Related posts:

  1. The Collapse Of Western Civilization – Ronald McDonald Off His Pedestal
  2. Iceland puts paid to Viking capitalism
  3. Progressives tighten their golden grip
  4. Icelanders Cannot Handle Money – A US Influence?
  5. On Negativity
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