There’s Hope

When I read that McDonalds abandons Iceland, I thought that there’s still hope after the recent financial breakdown:

Iceland’s McDonald’s Corp. restaurants will be closed at the end of the month after the collapse of the krona eroded profits at the fast-food chain …

The story also states that Norway has the most expensive Big Macs:

The most expensive Big Macs are sold in Switzerland and Norway, where the burger costs about $5.75, according to the Economist 2009 BigMac index. The cheapest are sold in South Africa, $1.68, and China, $1.83, the index shows.

Hat-tip: Marginal Revolution


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