Tuesday, October 27, 2009

McDonald's Abandons Iceland

So back when I was traveling around Iceland, I noted a distinct lack of McDonald's, despite a proliferation of KFC's and Subway's shops.  Not that I wanted to eat at one of course, but I was just curious and kept an eye out for any.  It's hardly surprising I didn't find one, because turns out:
The island has three McDonald’s restaurants, all of which will be closed.
 Due to the currency crisis the alternative was to charge the equivalent of over $6 for a Big Mac, which would have been the most expensive in the world.  Let this be a lesson to future countries who try to borrow too much and invest foolishly, there will be consequences.

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