Why McDonald's Failed In Iceland
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Күн бұрынMcDonald's is synonymous with fast-food in many parts of the world, but there is one country where it's failed to capture national attention. Iceland celebrated the fast-food chain when it entered in 1993, but a global economic collapse during the next 15 years forced McDonald's to exit the Nordic region. Watch this video to find out more.
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Why McDonald's Failed In Iceland
@RZetlin 5 жыл бұрын
Short Answer: High import food cost killed McDonald's in Iceland.
@billpool1217 5 жыл бұрын
"Tariffs are good" Or, maybe not!!!
@KuraIthys 5 жыл бұрын
I don't think it was import tariffs so much as shipping costs and currency problems.
@belstar1128 5 жыл бұрын
Socialism for the win
@syafiqjabar 5 жыл бұрын
The bank owners responsible were punished
@marshwetland3808 5 жыл бұрын
@@belstar1128 By that are you referring to the bail-out of the banks that caused the 2008 economic crisis?
@sophiesoares6157 5 жыл бұрын
Kind of like Starbucks in Italy, nobody's willing to get overpriced unhealthy coffee when we're full of small but quality caffes
@bartandaelus359 5 жыл бұрын
@YosufRP Starbucks load their coffee with sugar. Italian Espresso is pure, dense and actually fairly healthy if not consumed in excess.
@mr.x9566 5 жыл бұрын
The same goes for Domino's Pizza trying to sell their "pizza" in Italy.
@fionagregory8078 5 жыл бұрын
cafes does not have a double F in it.
@fionagregory8078 5 жыл бұрын
@YosufRP coffee is healthier than coca cola.
@fionagregory8078 5 жыл бұрын
@YosufRP not for me it does not! I never have any illnesses at all.
@Florencecoxx Жыл бұрын
As a former McDonald's employee, overpriced overhyped products killed it.
@Florencecoxx Жыл бұрын
Most times it amazes me greatly how I moved from an average lifestyle to earning over $63k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to invest.
@bjoe631 Жыл бұрын
@@Florencecoxx I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more.
@Florencecoxx Жыл бұрын
@@bjoe631 That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin and stocks. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@bjoe631 Жыл бұрын
@@Florencecoxx You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe?
@thamad311 Жыл бұрын
@Queen OF Love This is the Fourth time I'm seeing someone talking about Mr Gary as there are lot of testimonies about him, do you know him ? if yes , did you invest with him?
@ITILII 3 жыл бұрын
Iceland....got rid of McDonald's AND told the banksters where to go.....Best country in the world for that !
@olliefoxx7165 3 жыл бұрын
They didnt have a problem with the banks until the bottom fell out.
@watutman 3 жыл бұрын
Russia and Myanmar have kicked out the Rothschild banksters. And the associated criminals like George Soros and the Clinton Foundation etc.
@TraustiGeir 3 жыл бұрын
Technically...McDonald's just left on their own.
@geraldbennett7035 3 жыл бұрын
it was the government (politicians) not the people. Wise up
@bearbad7760 3 жыл бұрын
I agree I wish the UK would do the same but we have 1000s of them 100s in London alone. I don't eat that crap an never will. It's pure poison.
@xGiberish 5 жыл бұрын
Hey, can you do one of why I failed as a child?
@63565989 5 жыл бұрын
* Cries in failed adult *
@jamarimartinez9063 5 жыл бұрын
I have found famil
@MrCTruck 5 жыл бұрын
Hang in there *picture of cat of hanging from tree*
@felixpoon4355 5 жыл бұрын
thanks for making me laugh
@mikescarborough9196 5 жыл бұрын
BIG HUNGRY That can't be right: Look at Bill Gates and Mark Zuckerberg.
@zitavasiliauskiene4524 5 жыл бұрын
I bet the ice cream machine was still not working.
@user-xg6ku5wh2j 5 жыл бұрын
Lmao
@sigruneva9189 5 жыл бұрын
It was truely working actuarly. Im from iceland and when ever i went in there it always workde
@Jjjhbyhjbgv 5 жыл бұрын
You're so original
@holoholopainen1627 5 жыл бұрын
They fixed IT - The Day Before !
@mantrox 5 жыл бұрын
They fixed it one day - and then the manager said "Sorry guys, we're closing shop".
@redapple2328 3 жыл бұрын
Tommi Tomasson Joint Burger.
@IsraelCountryCube 3 жыл бұрын
I haven't eaten a red apple in months I think I'll eat one now. Mabey unless it's rotten then NVM the apples I have aren't as good as I thoughtm
@mambowumbo 3 жыл бұрын
and his child prolly has Tommisson as his last name
@grouchomarxwisewords 3 жыл бұрын
been to iceland and tommy’s burger joint is the finest burger you’ll have anywhere in the world ..good rock n roll in his restaurant too
@MrVvulf 3 жыл бұрын
I can't believe you said that, Scott. I'm so telling your uncle Ronald at the family reunion.
@grouchomarxwisewords 3 жыл бұрын
@@MrVvulf 😂😂
@MatheusKulik 3 жыл бұрын
@@MrVvulf underrated comment
@ChrisBChronisterJr92 2 жыл бұрын
Hell yeah. Can you drink there??
@WhenHariMetKari 2 жыл бұрын
Yeahhh Tommy’s chili burgers in So Cal
@nathanbbyrum 5 жыл бұрын
Now the owner just stays home, drinks the cheap whiskey, and plots his revenge against the German onion cartel....
@bobbarker7820 5 жыл бұрын
hahahahahahahahahahhhahahahhahahaaahaha
@dkaiyumi 5 жыл бұрын
German Onion Mob
@timmmahhhh 5 жыл бұрын
Be warned, Georgian Vidalia Mafia!
@kristophertower3476 5 жыл бұрын
lol!!
@fionagregory8078 5 жыл бұрын
Iceland is a good shop I use it a lot.
@viktoriaradvanyi628 4 жыл бұрын
i’ve been to iceland as a tourist last year, and it is a BLISS that you cannot see american fast food chains and their agressive marketing everywhere. it just contributes so well to the country’s nature-preserving and chill atmosphere that you can only find local restaurants and shops. it’s reciprocal to time’s square and it’s rly amazing
@johnduff3914 3 жыл бұрын
I was in Iceland for a year in 2005 & I noticed there were Subways everywhere. Even in the little towns.
@PlatoonGoon 3 жыл бұрын
@@johnduff3914 Not sure the relevance but that was over a decade ago, and subway isn't doing so hot lol
@johnduff3914 3 жыл бұрын
@@PlatoonGoon So, are there no more Subways? I commented because I thought at the time, "wow they sure like Subway here" and they were always full. Out of all the American fast food joints, I figured it would be McD's that would be everywhere.
@johnduff3914 3 жыл бұрын
@Bubbles Its funny how Subway seems to thrive everywhere you go. I've been to food courts where all the stalls were empty but Subway had long-ass lines. I've never seen a struggling Subway. Weird.
@SkullCandy5671 3 жыл бұрын
It contributes to the fact that everything in Iceland is etremely expensive. What’s wrong with cheap fast food being an option in a country?
@tracyfletcher8144 3 жыл бұрын
The Icelandic people probably know crap when they see it and taste it.
@jruba7559 3 жыл бұрын
Mcdonalds aint supposed to be gourmet bro, 1 dollar for a half decent burger sounds pretty good to me
@the20hunk 3 жыл бұрын
did you see the video idiot ? thousands of ppl were going there daily
@BlackStar-ib7ih 3 жыл бұрын
@@dandelion7933 Nobody is poor in Iceland.
@magnikristinsson 3 жыл бұрын
@@dandelion7933 haltu kjafti
@giuseppep.7180 3 жыл бұрын
isnt KFC even crappier than Mcdonalds? They're still there.
@icelandviking1961 3 жыл бұрын
I lived in Iceland and love all the different foods. Never could figure out why people went the the American fast food joints more than once. Side note the people in Iceland are some on the friendliest people I’ve ever met.
@deanronson6331 Жыл бұрын
Champs Elysees, one of the best-known avenues in Paris, features two McDonalds, Burger King, and several other burger joints. I guess the French and customers around the world must be masochists in patronizing American fast food places so often rather than liking the product. My experience with animosity towards American fast food is that it's tied in with anti-Americanism in general. It's supposed to advertise the European ultra-left street creds against the big bad America.
@mreese8764 Жыл бұрын
Yes. Sounds like McDonald's food just wasn't good enough. They could come back, but don't.
@MB-uy5kh 3 жыл бұрын
When we visited Iceland last year, that is one of the first things our tour guide told us “no McDonald’s here”.
@eljay5009 3 жыл бұрын
They have Metro though - which have some very similar items on their menu, including an equivalent of the Big Mac. en.wikipedia.org/wiki/Metro_(restaurant_chain)
@a.jlondon9039 3 жыл бұрын
To which everyone on the tour bus Cheered.
@IsraelCountryCube 3 жыл бұрын
@@a.jlondon9039 lol! Heavens yeah!!!
@IsraelCountryCube 3 жыл бұрын
@@eljay5009 yep swedish have very nice hotdog 🌭 fock yeee can't wait but I have to so NVM I can wait
@rafflesxyz4800 3 жыл бұрын
OH No! What did you do?? Cancel your trip?
@tarmacpounder785 3 жыл бұрын
Went to Iceland last year and didn’t even realize McDonalds wasn’t around.
@tomrogers9467 3 жыл бұрын
Tarmac Bender Not like anyone would miss it, anyway!
@caramou8614 3 жыл бұрын
I went in 2018 and i was confused how there was kfc, dominos, taco bell yet no mcdonalds
@excitingmarmot2820 3 жыл бұрын
Nobody going to other countries just to see where mcdonalds is
@thenguyen4873 3 жыл бұрын
There just some countries you go too you dont want to eat those fast food chain your use too back in your own country.
@IsraelCountryCube 3 жыл бұрын
@@excitingmarmot2820 lol unless you're a millnaire connesueir yeah!
@twatmunro9563 3 жыл бұрын
Who needs a Big Mac when you can have a roast sheep's head?
@donaldgoodinson7550 3 жыл бұрын
preferably any day.
@thes.a.s.s.1361 3 жыл бұрын
I know a Big Mac will give me wicked indigestion, but a roast sheep's head, no idea.
@jamesbones4766 3 жыл бұрын
Big Macs is a heart attack waiting to happen
@donaldgoodinson7550 3 жыл бұрын
@@jamesbones4766 Completely right.
@kentclark6420 3 жыл бұрын
Better than dying of clogged arteries.
@yogachant 3 жыл бұрын
Episode ends with: "There might be HOPE that McDonalds will come back in the Nordic region". For real? Are obesity rates too low there, or is the reporter feeling bad for all the profit McDonalds corporation is missing out on?
@gerardpully762 3 жыл бұрын
@ Ivan F Simple, the reporter hopes to return, find one open and eat the slop that is served.
@SunnyLyngdoh 2 жыл бұрын
Nope, the voiceover says, "There might be hope FOR McDonalds..." Huge difference.
@penelopekitty 2 жыл бұрын
Yeah...
@ryokohonda4619 2 жыл бұрын
It's not really a bad thing if they have few mcdonalds
@mg7056 2 жыл бұрын
it's cnbc. what would you expect? they're all looking after each other (global elite - big tech, mainstream media, big corporations)
@steve-on7kl 5 жыл бұрын
A blessing in disguise. They are better off without it !
@kasperknutsen8283 5 жыл бұрын
Hell no. McDonalds is a lavage food.
@yissssss 5 жыл бұрын
@ReviewYourFace There are TONS of Mcdonald's in Japan and they have a very low obesity rate. Sorry, but blaming Mcdonadl's for health problems is just externalizing other problems in society.
@Freikorptrasher 5 жыл бұрын
idk man. everything in Iceland is super expensive. I would have dine in a Mcdonald's if there is any.
@yissssss 5 жыл бұрын
@@Freikorptrasher That's because their government is stupid and limits competition in their markets.
@Nyocurio 5 жыл бұрын
@@yissssss Low obesity rate but high diabetes (8% vs 9.4% in America). The health risks aren't always visible from the outside.
@morbidjustice 4 жыл бұрын
Importing your raw ingredients even though they could be sourced locally with a near negligible difference in quality is always a sure way to the failure of any business.
@thehiker_7860 3 жыл бұрын
Iceland is a tiny country not to mention at a high latitude importing locally is impossible, plus most Icelandic cows are dairy cows so its hard to meet demand.
@theicelandicnationalist2.023 3 жыл бұрын
@@thehiker_7860 you are wrong but ok
@DaftPunkSkittle 3 жыл бұрын
@@theicelandicnationalist2.023 thats funny because I just did research and my Icelandic interviewees said that now its more expensive to source locally then to import
@theicelandicnationalist2.023 3 жыл бұрын
@@DaftPunkSkittle more expensive, yes, but he said that it was impossible which it is not
@theicelandicnationalist2.023 3 жыл бұрын
@@DaftPunkSkittle and the word is not interviewees(that word means people that are being interviewed)it’s interviews
@ianwatt9904 3 жыл бұрын
The nation was shifting to a free market economy --- illustrated with a scene of Canary Wharf in London!
@seanrodgers1839 3 жыл бұрын
Discusses Iceland's economy, shows financial district in Toronto. 7:16
@MPerry-ox9qb 3 жыл бұрын
Didn’t even think about fast food when I visited. Iceland has their own delicious food. Highly recommend a trip there.
@sausage6984 3 жыл бұрын
Is it mostly fish? I don't like fish unless from a chip shop
@MPerry-ox9qb 3 жыл бұрын
Lots of fish, but stuff you can’t eat everywhere like whale and Icelandic shark . You can eat puffin the seabird and there is lamb and other meats available.
@sausage6984 3 жыл бұрын
@@MPerry-ox9qb don't like lamb either. Don't fancy whale, puffin or shark. Never tried though.
@sausage6984 3 жыл бұрын
@@Keenangoal i usually don't eat cow
@chuckscott4661 3 жыл бұрын
I haven’t been to Iceland, but I do respect them for being a culture that opposes the practice of infant male circumcision.
@offplanet740 5 жыл бұрын
and here i was thinking it was because they’re healthy
@MsPenink 5 жыл бұрын
ASMR Bath Recipes same 😆
@omgitzlava396 5 жыл бұрын
we're not
@minussinus2222 5 жыл бұрын
6:57 "Young Icelanders are eating fastfood every other day." That's not so good, but maybe it's because everything else is just too expensive for young people and it's fast.
@jinxd511 5 жыл бұрын
@@minussinus2222 i am tired of people crying about Unhealthy food. I am litterally underweight and i eat fast food like 3 times a day sometimes.
@saramargretstegemann6960 5 жыл бұрын
Alex the paying close to 2000kr for a meal ain’t it tho
@hongpingmike 5 жыл бұрын
hey Iceland, consider yourselves lucky..
@jomama5186 5 жыл бұрын
They dodged a bullet!
@saltmar2763 5 жыл бұрын
No unlucky
@philjr5714 5 жыл бұрын
They’re super lucky.
@someguy2135 5 жыл бұрын
Why? Because of their health and the advantage to the environment from locally sourced food. Good riddance! They should get rid of all (junk food) fast food, but this is a step in the right direction.
@bodhisattva2348 5 жыл бұрын
Yep
@rumblejungle5590 3 жыл бұрын
"McDonald's opening in Iceland symbolised the country moving away from isolation and nationalism". Is this an advert for McDonald's? Lol why would anybody want them to return?
@mirceazaharia2094 3 жыл бұрын
Nobody in their right mind should want a megacorp peddling their industrialised pig-slop in their lands and poisoning their countrymen.
@MylarBalloonLover 2 жыл бұрын
Mcdonalds is awesome. healthy foods sucks.
@mikado5792 3 жыл бұрын
I am thankful for my mom keeping me away from Mickey D's as a kid. It has always been kind of "meh" with me.
@chrisortiz8072 3 жыл бұрын
Nothing wrong with eating fast food if you have self control. I only eat McDonald's maybe once every 5 years lol
@mikado5792 3 жыл бұрын
@@chrisortiz8072 I can't lie, Fillet o Fish is delicious.
@ArchYeomans 3 жыл бұрын
Your mom truly loves you and she protected you from being poisoned.
@hamzasat 3 жыл бұрын
I'm thankful to my dad for keeping me & my sister away from soda
@dbabu51 2 жыл бұрын
@@mikado5792 yeah it’s good
@evaristegalois6282 5 жыл бұрын
Really wanna see Iceland one day
@user-ef9hu1bn2y 5 жыл бұрын
@Auto blipper lol you can go in summer.
@The-Cat 5 жыл бұрын
@@user-ef9hu1bn2y He's American, he doesnt know common sense
@user-ef9hu1bn2y 5 жыл бұрын
@@The-Cat yeah true
@knocturnall5987 5 жыл бұрын
Best hot dogs ever!
@miniena7774 5 жыл бұрын
They don’t want you there.
@oliverread2532 5 жыл бұрын
The global crash in 2008 personifies why everyone should support local business over imported brands.
@plockacherrys5765 4 жыл бұрын
True but getting weed in Iceland is hard too
@AlexS-oj8qf 3 жыл бұрын
The global crash in 2020 personifies why everyone should support local business over imported brands.
@Malusdarkblades11 3 жыл бұрын
that comment got a hole new mening in 2020 ...
@ColeLPeltier 3 жыл бұрын
Except an economic crash is not a person, so how could it "personify" another phenomenon? Also, to blame globalization for the economic crisis ignores the massive benefits of geographical comparative advantage.
@laur-unstagenameactuallyca1587 3 жыл бұрын
I think *exemplifies is the word you're looking for, than "personifies" because the '08 crash isn't a person
@Nerderkips 3 жыл бұрын
"there might be hope for mcdonalds" bruh do americans really think other countries want their crappy junkfood
@brentrichards1200 3 жыл бұрын
The States are renowned for their delicious and inexpensive food.
@ElloEllo12314 2 жыл бұрын
Yes, profit figures from other countries show that people want it.
@Jon-ck2sv 2 жыл бұрын
Given that their crappy junkfood is in about half the worlds countries, yes, I think they do.
@takiz8667 2 жыл бұрын
I love how comments like these have no logical background. It is a fact the Mc Donalds is powerful outside the USA.
@MrMasterDebate 2 жыл бұрын
@@brentrichards1200 lol
@williamgunnarsson 3 жыл бұрын
The reason I heard was that the Icelandic proprietor quit going along with the franchises requirements to make the food exactly the way it was done on America. They wanted to include other things to offer the locals and it turned into a terrible mess. It was said, too, that the home office didn't receive their agreed to cut from Iceland and the man running the show at Mc D's only wanted the start up cash from America to help him set up a restaurant that he would then intentionally stiff them and do what he wanted and sell what he wanted, never planning on keeping it a McDonald's. So when America told him he had broken their contract he basically told them to screw off. When things got that bitter he told them, "Ok, sue me! " But I don't think they bothered and just went away. Is any of this true ? I'd really like to know.
@Dwightstjohn-fo8ki Жыл бұрын
Franchise requirements and the franchise contract is usually written........by Miami lawyers. It's pretty tight. If the owner "defaulted" on his franchise agreement it's on him, but the MCDonald's head office COULD have redacted the contract and then sold it to someone else, or kept the stores open at a loss, to keep the "name" in Iceland. they obviously chose not to., at that time.
@williamgunnarsson Жыл бұрын
@@Dwightstjohn-fo8ki Thanks for taking the time to explain. I've wondered about it a lot. You've basically cleared it up for me. Thanks
@JimDownWell Жыл бұрын
This kind of happened - the franchisee rebranded the restaraunts as Metro. They are not up to the standards as other European McDonalds, especially in the cleaniness department.
@williamgunnarsson Жыл бұрын
@@JimDownWell It just so happens that I eat at the Metro Diner here in Jacksonville Florida USA. NOT AFFILIATED ! ...and it's one of the best places to eat in town. Speaking of cleanliness, there's no way that New York City can inspect all of its restaurants and eating places, no matter how hard they try. If a person eats out 2 times every day of his life in NYC, it would take almost 40 years to hit to them all, so how in the world can they inspect them all ? One closes, a new one opens up. It's an impossibility.
@JimDownWell Жыл бұрын
@@williamgunnarsson I'm talking about Iceland though, not sure what New York has to do with it?
@lawry6740 3 жыл бұрын
Local hotdog sandwich is a must try when you visit Iceland.
@auroradiazp 3 жыл бұрын
Noted!
@drewgates1167 3 жыл бұрын
Cubana?
@295g295 3 жыл бұрын
> 5:23
@henrykszuplakszuplak6578 3 жыл бұрын
"a must" is an exaggeration
@korgothofbarbaria2841 3 жыл бұрын
It's a hot dog.. Nothing special.
@djjim5476 5 жыл бұрын
Just like Jamaica, McDonalds left in 2005. Jamaicans claimed that that burgers were too small and overpriced.
@JoostterLaak 5 жыл бұрын
Finally some countries with some common sense
@Takador 5 жыл бұрын
@@JoostterLaak Jamaica is the most violent island in the Caribbean so I want to know what common sense you're talking about
@Korpsaws 5 жыл бұрын
Look at the barrel bro
@sofia11102 5 жыл бұрын
Joost TL $1 for a burger is not at all overpriced. how is that common sense
@maymay5600 5 жыл бұрын
been to macdonalds back then, it left in 2005? i thought it left in 2006 or 2007? huh, i was sooo young back then
@madscientist8286 Жыл бұрын
This was really interesting! Even took out one or two things for myself! Thank you very much @CNBC! Best from Switzerland: Mad
@RobertPage562 3 жыл бұрын
because McDonald's is disgusting. the rest of the world hasn't caught on yet
@alwaysplay13 3 жыл бұрын
No sir, it was because of not being able to ship in resources without horrible operational costs....did you not watch the video?
@Vdub-md2wz 3 жыл бұрын
It's about as unhealthy as smoking cigarettes
@eschwarz1003 3 жыл бұрын
@@alwaysplay13 yes, but it's still horribly unhealthy food. Healthier than starving and more ethical than eating whales; but practically addictive to human pallets.
@Smil3yDude89 3 жыл бұрын
I cannot believe what I found out about what goes on at some McDonald’s, some people really need to wAke 🌍🙏🏼❤️
@pawpatrolsuperfan 3 жыл бұрын
@@eschwarz1003 that statement doesnt make sense
@magno5157 5 жыл бұрын
McDonald's, I'm leavin' it!
@Lousy_Bastard 3 жыл бұрын
When I drive past one and there is a big queue I just can't help but think those people are sad queuing for that crap.
@sikerslalatm3147 3 жыл бұрын
@@Lousy_Bastard let’s be honest ... you are just as sad as them lol. You are not special
@sausage6984 3 жыл бұрын
Wah wah wah, waah wahhh
@Lousy_Bastard 3 жыл бұрын
@Joe Marley lol
@Lousy_Bastard 3 жыл бұрын
@JZ's Best Friend Completely agree.
@earthsign99 4 жыл бұрын
What a disappointing clip, I hoped it would say that Icelanders got health conscious !!! 😜
@ricardomoon 4 жыл бұрын
I expected something like that too! Haha
@yungzero2618 4 жыл бұрын
b r u h
@joylynch5204 4 жыл бұрын
CNBC kinda sucks
@VJal95 4 жыл бұрын
In Bolivia Mcdonald's also failed because the people there prefer good quality food which they make themselves instead of buying fast food.
@millevenon5853 3 жыл бұрын
@@VJal95 or because Bolivia is corrupt and the workers were stealing all the food and taking it home to their 8 cousins
@portibolivia 3 жыл бұрын
Interesting what happened in Iceland. You should do another one about why McDonald’s failed in Bolivia🇧🇴. It was for another totally different reason.
@rockydee7499 3 жыл бұрын
lol they made a whole documentary about it but in 1:04 this Tomas Tomasson is the only reason why mcdonalds will never set foot in iceland again 🤣
@nuri2318 3 жыл бұрын
You are a person with awareness 👍
@evanyoung2919 5 жыл бұрын
Next episode: Why burger-king failed in North Korea
@berengereful 4 жыл бұрын
Evan Young Why Mc Donalds should fail in the USA
@the3yM 4 жыл бұрын
Episode V: A New Hope... )
@daniellemunaycush 4 жыл бұрын
Why taco bell failed in india
@bublla__7913 4 жыл бұрын
kim ate everything himself noone else allowed
@_rtx_ 4 жыл бұрын
@@daniellemunaycush theres taco bell in india lol
@taraterm3 5 жыл бұрын
no big loss. The foods non nutritive garbage, and it contributes to a lot of litter.
@jayg6tk 5 жыл бұрын
you're non nutritive garbage OOOOOOOOOH
@azizbelkharmoudi2564 5 жыл бұрын
Fast food=unhealthy garbage
@neckarsulme 5 жыл бұрын
not to mention nano fibers
@jayg6tk 5 жыл бұрын
@@azizbelkharmoudi2564 no u
@azizbelkharmoudi2564 5 жыл бұрын
+Hidden I think that eating junk food made a devastating effect on your brain functioning
@HAIRHOLIC_1 3 жыл бұрын
I live in Switzerland and I can assure you that a medium Big Mac meal at McDonald’s will set you back $25 even more
@38dragoon38 3 жыл бұрын
I was hoping the explanation was going to be that Icelanders love their children too much to feed them on low quality junk food. Never mind!
@donaldgoodinson7550 3 жыл бұрын
@MichaelKingsfordGray Yes,you are right.It takes a person of extreme courage to eat their disgusting food.
@MylarBalloonLover 2 жыл бұрын
healthy foods are junk. fastfood forever
@venom5809 5 жыл бұрын
Interesting fact, McDonald's failed decades ago in Barbados but not because they were bad, or that bad, there is a local chain there called Chefette and people ended up just going back there. They might be able to go back there now since Wendy's, Burger King and KFC are there and seem to be doing well.
@debrawilliams7983 5 жыл бұрын
venom5809 Same reason SUBWAYS failed in Philly!
@leslieb5888 5 жыл бұрын
We dont have wendy. But Mcdonald's failed to understand that we bajans like chicken. Thats how burger king is able to survive. Most people go in there to buy the chicken meals.
@katherinemagistrado3295 5 жыл бұрын
The same thing happens to Philippines
@sophiagonzales8974 5 жыл бұрын
Katherine Magistrado wdym McDonald's is doing successful there Jollibee is number 1 in Philippines and McDonalds is 2nd there
@katherinemagistrado3295 5 жыл бұрын
@@sophiagonzales8974 no not that I mean it actually failed to open restaurants or to improve, I mean they are failing to be no.1. Sorry..... I wasn't specific
@gj8683 4 жыл бұрын
It's a sad statement when the introduction of a fast-food giant has high symbolic value for a nation's standing on the world stage.
@donaldgoodinson7550 3 жыл бұрын
@Rusto Like hell.Sign of the country going to rack and ruin.
@watutman 3 жыл бұрын
Yeah this vid made it sound like nationalism is a bad thing. Which it's not.
@beoknez6145 3 жыл бұрын
listen to "rammstein - amerika"
@TraustiGeir 3 жыл бұрын
Guys, it was a big deal for us, OK? We're not a big nation by most standards and receiving a franchise as big as McDonald's felt like a letter of acceptance to economic and cultural stages. I know, it sounds strange, but it's a fact. Things have moved on and it's safe to say that no one actually misses it, but think of it as our time in the spotlight. Yes, it's unhealthy and not a good choice for lunch. But we didn't make the same fuss when KFC opened...and they're still here. That should tell you how much value the golden arches hold.
@donaldgoodinson7550 3 жыл бұрын
@@TraustiGeir At least the Colonel doesn't taste like sawdust.
@loopy5893 3 жыл бұрын
"Tourism growing:" 2020: *Allow us to introduce ourselves*
@sleepy670 3 жыл бұрын
I love how the guy analogized the cost of onions to the cost of a good bottle of whiskey.
@Cristhian318 4 жыл бұрын
Iceland is such a safe country... even safe for your health.
@johnnull5315 3 жыл бұрын
Does Iceland's wife's boyfriend use a condom?
@donaldgoodinson7550 3 жыл бұрын
@@johnnull5315 What a stupid question.Could only come from an American.
@mtadams2009 3 жыл бұрын
Not really a country more like a small city. Beautiful it may be its insanely expensive. More like a private club.
@Cristhian318 3 жыл бұрын
It's a country that has many cities, although very few people compared to the average European country.
@JimDownWell Жыл бұрын
You know just becuase McDonalds left doesn't mean fast food left. All of the former McDonalds were simply rebranded. There's still KFC, Subway and Dominos here.
@emiliofernandez7117 5 жыл бұрын
McDonald’s would build a store in Antartica is they could
@kristenpaul7159 5 жыл бұрын
*If
@Glorious_Kim_Jong_Un 5 жыл бұрын
Technically they already have. They also have already built on aircraft carriers
@riskleaf6079 5 жыл бұрын
You do know there is one at the American Anartic base right?
@mamzersdream1 5 жыл бұрын
*if
@zoozyg3108 5 жыл бұрын
Yasss
@maqimusic 3 жыл бұрын
I'm struggling to understand how we should hope that McDonalds should return to ANYWHERE. If you are lucky enough to live somewhere that McD's has failed, you should recognise that you and your society are lucky. Don't fight it, EMBRACE it!!!
@cmyk8964 2 жыл бұрын
Icelanders can still buy a Big Mac today-it’s just called a Heimsborgari, available at Metro (mentioned in the end of the video).
@chrismoore1372 5 жыл бұрын
Imagine America ditching fast food joints and overpriced crap food like chilis ruby tuesday little debbie etc. The health field would collapse in on itself from lack of patients
@Hymex_ 5 жыл бұрын
@Worm Driver you should spend less time on the Internet. The world is a beautiful place, and people with different ideologies make it better, not worse
@Michelle-pn9xt 5 жыл бұрын
What do you mean when you say health field? That includes nutritionists and naturopathic medicine. Those people help people with healthy diets. If you mean regular doctors and hospitals, say that.
@Donnie-sg2cj 5 жыл бұрын
Michelle You knew exactly what they meant.
@rosslaverdure 5 жыл бұрын
That is so true.
@JamesSchro 5 жыл бұрын
I worked at a ruby tuesday...they dont even wash the salad you fool LUL.
@waynejones5635 5 жыл бұрын
7:16 "With Iceland's economy looking bright" - while showing a picture of downtown Toronto, Canada.
@nameless8265 3 жыл бұрын
lmao
@Bubelmanen 3 жыл бұрын
"There might be hope for McDonalds to make a comeback ..." Noooooo!!!! D:
@SkullCandy5671 3 жыл бұрын
Lars Hansen That’s stupid and as a Dane you should know. Denmark tried a “fat tax” and then quickly reversed it when they realized people would just drive to Sweden or Germany to shop instead. Why should the government tell you what you can or can not eat?
@pfw4568 3 жыл бұрын
@@charonstyxferryman Fat is not the problem, but sugar and cheap carbohydrates. Your ancestors lived of fat and were healthy. Same here in germany.
@ayylmao2190 3 жыл бұрын
Don't resist our cultural enrichment europoor. Soon your people will be listening to our music and wearing our blue jeans
@davidcarter5813 3 жыл бұрын
Subway still has shops in Iceland and they vastly outnumber McDonald's worldwide.
@TheDavidlloydjones 5 жыл бұрын
I remember when Doctor Pepper first arrived in Japan, early or mid '74 I think it was. I was operating ten or eleven coin laundries around Tokyo at the time and I had soft-drink machines in most of them. Doctor Pepper went on the air, into the machines, and out into the world. For two weeks it outsold everything else combined. Then it dropped dead. They tried it. The didn't like it. Thunkk!
@geography_joe Жыл бұрын
Thank you for sharing! Thats super interesting
@natediaz5697 3 жыл бұрын
I’m so glad it failed in Iceland 😂 that really does bring me joy ☺️👏👏👏 well done Iceland
@yangosakurai7505 3 жыл бұрын
7:00 damn they spending more on fast food than my ENTIRE monthly food budget 😭
@IsraelCountryCube 3 жыл бұрын
Mcdonald's bad anywya
@ghostdancer444 3 жыл бұрын
When McDonald's is ever mentioned, I automatically think of the scene in the film 'Falling down'. The part when Michael Douglas' character is standing at the counter of a fast food outlet, holding up a saggy disgusting looking burger that bears no resemblance to the pictures of it behind the counter.
@Ozymandias1 3 жыл бұрын
I wish I had a submachine gun everytime they told me that I couldn't order from the breakfast menu anymore. The Egg McMuffin is one of the few McDonalds products that are tasty. I don't like their soggy fries and their burgers are not as good as at other places.
@MichaelChiklisCares 3 жыл бұрын
Good movie too.
@maxbacon4828 3 жыл бұрын
@@Ozymandias1 "I dont vant any nasty soggy chips, I vant mine light und crisp!" Dads Army (The Deadly Attachment ).
@khunopie9159 5 жыл бұрын
The key to success in Iceland: Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency, Consistency and lastly, Consistancy etc.
@walterbrunswick 5 жыл бұрын
You would not succeed.
@wandaperi 5 жыл бұрын
and being #Lutheran
@Jorge351X 5 жыл бұрын
Remember, consistency, consistency, and consistency.
@farisrahmadian 5 жыл бұрын
and very very lastly, consistency
@markmark123412341 5 жыл бұрын
Khu NoPie Did you say consistency? Lol
@WalnutSpice 5 жыл бұрын
Thought it was because McDonalds is barely edible but k
@Lousy_Bastard 3 жыл бұрын
It shouldn't be classed as food, it's total crap for the human body.
@aresmurphy436 3 жыл бұрын
@@Lousy_Bastard Are you a vegetarian Karen?
@tyb2594 3 жыл бұрын
@@aresmurphy436 lol
@hikelmonrel9352 3 жыл бұрын
@@aresmurphy436 no but im not a fatass, mcdonalds is truly disgusting food you dont have to be a vegetarian to admit it sucks
@aresmurphy436 3 жыл бұрын
Hikel Monrel ok boomer 🥶
@kekistanihelpdesk8508 Жыл бұрын
Been to Iceland twice. They definitely have Subway but don't recall any other fast food. I do remember in a restaurant the whale steak was cheaper than the beef steak so that could have something to do with McDonald's failure.
@Ayrton4everrr 3 жыл бұрын
In Malta a big Mac costs $7, and business is good with 6 restaurants in just 60 square kilometers and always packed 😤
@artaimed 3 жыл бұрын
Tourism helps in the economy 2020: Yea about that...
@rosyclaire 5 жыл бұрын
It's not only Iceland, McDonalds didn't succeed in Barbados either 😅😅😅😅😅😅
@karlbuttplugbuttplug6809 3 жыл бұрын
🇧🇧
@tomrogers9467 3 жыл бұрын
Let's see , do I want a nice fresh seafood plate or a squishy cold burger. Tough call!
@tentiefukai6693 3 жыл бұрын
The local fast food restaurant inside the airport of Barbados, next to that fancy chocolate boutique had delicious West Indian food. We were so happy to have good food in an airport.
@mukizones6232 3 жыл бұрын
Cos a cool dude named TOMMI opened restaurants, CASE CLOSED!
@mukizones6232 3 жыл бұрын
@@izzyzzzycwycz3646 ye it was 3 am
@osamahkiwan85 3 жыл бұрын
7:16 You seem to be mixing up stock videos with actual shots of Iceland. It's really confusing. Does iceland have such tall buildings ?
@sajjad3763 4 жыл бұрын
Iceland’s McDonald’s doesn’t need a freezer lol
@docholladay7638 4 жыл бұрын
You are thinking of Greenland
@trevorturner5943 4 жыл бұрын
😂😂😂
@imeepysleepy 3 жыл бұрын
it's not even that cold wdym
@yesyesyesimdoingallthetime2770 3 жыл бұрын
@The Icelandic Nationalist and I'm not seeing Iceland in the euros
@theicelandicnationalist2.023 3 жыл бұрын
@@yesyesyesimdoingallthetime2770 when did I say it was a part of the eu or the euro zone?
@princeofstride5557 3 жыл бұрын
Why it failed in Iceland is because French fries don’t taste good anymore once it goes cold
@koi_fish337 3 жыл бұрын
😂😂
@adamingi 3 жыл бұрын
Luckily we have ovens
@adamaunya69 3 жыл бұрын
Nah,i would still eat it,and yes I'm indeed a man of culture
@raybod1775 3 жыл бұрын
McDonald's fries are awful when warm and have no taste anymore. I worked at McDonald's 45 years ago and making great fries was essential for every franchise.
@dannydaw59 3 жыл бұрын
Mcdonald's fries are great if you eat them within 10 minutes of coming out of the fryer. Helpful hint: put those cold fries in an oven at 350F for 5 to 10 minutes depending on how many fries you're heating up. They become crispy again.
@majorfrost8206 3 жыл бұрын
My father was a commercial pilot and visited almost every place on earth. He remembed two things about Iceland. He said the women were gorgeous and the food was terrible.
@prankandfan6619 2 жыл бұрын
Good project thanks for sharing
@wakeupscreaming9883 5 жыл бұрын
I couldn't care less if multinationals are failing in certain countries. That's a GOOD thing!
@chaosdemonwolf1 5 жыл бұрын
Good point. Now if that theory could only be applied to Amazon and Wal Mart the would be be good again
@BlownMacTruck 5 жыл бұрын
No ones saying it’s a good thing, but you SHOULD care about it, as there’s plenty to learn from the situation.
@chaosdemonwolf1 5 жыл бұрын
@ZionHillCalling It was an opinion. As for knowing what a theory is, it's my theory that you must me one of the many who insist on making derogatory comments especially when My comment was NOT directed towards you
@ingriddubbel8468 5 жыл бұрын
You know nothing about economics.
@Kaniela6759 5 жыл бұрын
wakeupscreaming Why do you not care that so many people will become unemployed?
@tim_t 5 жыл бұрын
Why do you keep showing b-rolls of cities that aren't located in Iceland?
@chrispacheco8590 5 жыл бұрын
No s*ht huh
@strawberryseason 5 жыл бұрын
Lazy production.
@maxfi878 5 жыл бұрын
They showed footage from a British supermarket named Iceland :D
@livefreeordiehard8898 5 жыл бұрын
Apparently some n**** from fake news department made this video.
@robertpreskop4425 5 жыл бұрын
They showed the business and financial core of Toronto Canada a couple of times.
@LMB222 3 жыл бұрын
That's the same issue mcdonald's faces in Europe: competition that makes it expensive. You can't abuse local workforce for a cheap burger, so mcdonald's isn't really cheap.
@nedkelly2035 3 жыл бұрын
I have been to Iceland, and I doubt that I go back. The prices of EVERYTHING were outrageous. Worst was a taxi, the legal fare (not some ripoff by a driver) for a 2.2 Km ride, that is less than 1.5 miles, was $35. U.S.
@peterpiper831 3 жыл бұрын
That's funny, Ned Kelly complaining about rip-offs !😊
@charisserempel23 3 жыл бұрын
Hahaha. 1.5 km. Could’ve walked. I did 2, 26 mile walkathons at the age of 12 and 13 years of age.
@nedkelly2035 3 жыл бұрын
@@charisserempel23 1.5 miles, roughly 2.2 Km. But I DID seriously consider walking, I walk farther than that just for exercise on a regular basis. Problem was carrying a 30 lb. suitcase and a near-zero chill factor in degrees Fahrenheit.
@shallowlord 5 жыл бұрын
I haven't eaten att McDonalds since 1999.. and i don't miss it at all...
@falconater68 5 жыл бұрын
You're so brave.
@boektanasie 5 жыл бұрын
Impressive! I have been there last, 3 years ago and got a large fries 🍟 was sick for two days after that.
@JSkyGemini 5 жыл бұрын
My mom wouldn't let me eat it as a kid and it's been at least 40 years since I had it. We have Harvey's in Canada and they make a wicked veggie burger.
@boektanasie 5 жыл бұрын
I am also from Canada like the veggie burger from Harveys, fries aren't good at harveys dough, I also like the Beyond meat burger from A&W@@JSkyGemini
@kat7939 5 жыл бұрын
TherealMckoy From fries?? 😮
@MoneyUnshackled 5 жыл бұрын
Should have sourced locally like it's replacement did. After its tourism boom, I'm sure they regret pulling out.
@emintey 5 жыл бұрын
They couldnt find ingredients that bad in Iceland.
@andresbluebird 5 жыл бұрын
Edwin Mintey 😂 omg
@miked3168 5 жыл бұрын
They don't raise cows in Iceland, more horses and sheep
@Koshka219 5 жыл бұрын
I do not know, how can they source locally, as almost nothing grows there.
@Koshka219 5 жыл бұрын
@@disa7082 I know, that you grow a bit, but not much, right?
@Monalisa-mp4qh 3 жыл бұрын
It failed because I would imagine In Iceland they NEED wholesome Foods to survive.... Not Cardboard Foods 👌🏼
@anonykip 3 жыл бұрын
Well no, you clearly didn't bother to watch the video before making a comment. It failed because it relied on imported ingredients and it was too expensive to import anything to Iceland while keeping the price of your products low and still make a profit, which is the whole point of fast food. It was heavily patronized by the locals when it closed its doors.
@Monalisa-mp4qh 3 жыл бұрын
@Nostradamus I'm sure you know what wholesome Foods are.... But for some reason you want to be patronising....... If wale blubber is what is on the menu in Iceland then yea.... I guess 🤷🏽♀️ Anything is better for you then Cardboard Fastfood though right????
@stiritup4663 3 жыл бұрын
They don’t like having diarrhea for a week after eating there
@LetsPlayGamesRandom 3 жыл бұрын
Lol if thats happening to you, go see a doctor
@randomcommenter4719 3 жыл бұрын
That sounds like something american. I mean they had to change almost all ingredients here. As it was forbidden to use most of the chemicals. It had to be fresher and natural.
@smcdonald9991 3 жыл бұрын
I haven't been in a fast food joint in over 10 years. Obesity is not my things.
@LetsPlayGamesRandom 3 жыл бұрын
@@smcdonald9991 fast food doesnt equal obesity but okay.
@smcdonald9991 3 жыл бұрын
@@LetsPlayGamesRandom Obesity has a causality link to an excess of calories. A modest meal at McDonalds (Big Mac, medium fry, medium soft drink) exceeds 1000 calories. It also exceeds your daily healthy allowance of sodium. There is nothing healthy about eating fast food. It's a terrible habit.
@masterHitman 5 жыл бұрын
Why cnbc failed on KZfaq
@cooliipie 5 жыл бұрын
Feminism
@NateNate60 5 жыл бұрын
> "failed" > 603K subs
@robertlussier2944 5 жыл бұрын
Yet you are watching, Kunal😂
@micahjohnsonboxing6409 5 жыл бұрын
They didn't though.
@MrSivansuresh 5 жыл бұрын
Fake news
@ocereijo 5 жыл бұрын
I'd have never pictured Icelandics as fast food people...
@chew7656 4 жыл бұрын
You'd be surprised how small countries like Iceland or even Finland try to fit into the global community... Especially young people. They follow trends in the UK, Japan, America, Sweden... "the more famous countries". If you're from one of those countries or any big name country, you probably won't understand what I'm trying to say.
@Starkardur 3 жыл бұрын
LMFAO. We love Fast Food in Iceland.
@quanbrooklynkid7776 3 жыл бұрын
@@Starkardur so yall can speak English
@Starkardur 3 жыл бұрын
@@quanbrooklynkid7776 Majority can, but I don't see what that has to do with loving fast food
@theicelandicnationalist2.023 3 жыл бұрын
You’d be surprised
@Atitlan1222 3 жыл бұрын
No loss for the Icelanders.
@erikrungemadsen2081 3 жыл бұрын
McDonalds might have had better succes in Iceland if they had good whisky on the menu.
@spuriouseffect 3 жыл бұрын
I love how not wanting multination corporations to rule the world is considered a bad thing these days. Globalism!!! Yay!!!
@paulwillems1656 5 жыл бұрын
I love getting lost on KZfaq just learning random stuff.
@jerryhutchinson3639 3 жыл бұрын
Because they don't like garbage.
@adamingi 3 жыл бұрын
Oh, we do
@hypatiakovalevskayasklodow9195 3 жыл бұрын
That's not what the video says tho
@justincase4892 3 жыл бұрын
@@adamingi Judging by how fat everyone is in the states , I think the answer is yes. Americans do like eating fast food garbage.
@adamingi 3 жыл бұрын
@@hypatiakovalevskayasklodow9195 I was born in Iceland and I still live there, I'm preeeeety sure I can see how fat people are here
@hypatiakovalevskayasklodow9195 3 жыл бұрын
@@adamingi I'm sorry, I don't understand? I wasn't replying to you? But since you're already there, how fat are they? I'm from Serbia and people are definitely not as slim as in France but they're also definitely not as obese in the percentage I noticed in the US
@Lex_Nocturne 2 жыл бұрын
Never pictured Iceland as being compatible to American fast-food culture this was new to them and in consequence didn't like it and the fact how everything is high-priced makes it even harder to keep business up in a daily basis. Personally I don't blame them I understand that feeling of not trying something different in your tradition lifestyle and be personally against ideological globalism. Either way regardless to me i love having different kind of restaurants in my own state.
@gelozyg1732 3 жыл бұрын
Tomas Tomasson the man who single handedly push away mcdonalds because of his burger joints
@-4subscriberswithahammerad521 5 жыл бұрын
They failed in Iceland because their Big Macs would just freeze once they walk out the door
@TheVideomaker2341 5 жыл бұрын
😂 LMAO!!!!!!
@jousemartinez1106 5 жыл бұрын
Isent iceland warm not cold?
@jbre7233 5 жыл бұрын
It’s got a moderate temperature range b/c of the ocean’s currents. I think it stays within 10 degrees (Celsius) above and below zero.
@petercdowney 5 жыл бұрын
I think you're confusing Iceland and Greenland. You're not the first person to do that. In fact, it's how they got their respective names in the first place!
@jacobbowl303 5 жыл бұрын
Common misconception Iceland isn’t cold it’s green and Greenland has ice and is cold Vikings did this as a way to detour enemies and it actually worked
@triple7gaming 5 жыл бұрын
I went to Iceland in 2012 and had one of the best burgers I’ve ever had at a place called Snaeland Video. The seasoning and sauce they used combined with whatever else was going on was amazing. Also, the hot dogs in Iceland are really good too and have a little lamb in them I think.
@neilfergusson7575 5 жыл бұрын
Horse.
@triple7gaming 5 жыл бұрын
I’ve always wondered if that’s why it tasted the way it did. I know it’s common there, but didn’t know if it was always a replacement for cow beef. I should’ve asked that specific restaurant. I did see way more horses than cows there though.
@a1700zz Жыл бұрын
When I went to Iceland last year. A Pizza hut exists in the BSI bus terminal in Reykjavik.
@chuckmaddison2924 3 жыл бұрын
They should have given a free vomit bag and roll of toilet paper..
@renatanovato9460 5 жыл бұрын
It's amazing how Americans just see the world economy through their eyes. In my country food can be much more expensive for us locals but it's seen as cheap food because in dollars it's a bargain. What if a big mac costs $6. someting, what does it mean for locals?
@davidjones-vx9ju 5 жыл бұрын
where are you?
@Niklez7 5 жыл бұрын
One thing i have noticed with Americans. perhaps they dont see it themself. is driving long distances for supermarket (wallmart,kmart,costco and others. try to save up few dollars on shopping but mainwhile they drive cars with large engine which waste alot of gasline . i dont get it . spending on fuel from your own bugdet and try to save same few dollars on supermarket. complaining about prices samewhere else in the world how its expensive mainwhile in US if you buy for food +plus tip is not so cheap as people might, i bet overall US is not as cheap as it seems. compare to EU countries. As you go northern in Europe . more expensive its going to be.
@Mokomis_ 5 жыл бұрын
Icelander here currently living in Japan, I'm an exchange student living in dorms and often hang out with the Americans and its ridiculous sometimes refuse to eat out or go get a tiny McDonald burger just cuz the food is too "expensive". One refused to go to a restaurant where she couldn't get anything for 10$ or less. Here I'm often eating out (too often) but I'm getting meals here for 10-20$ (food and drink usually alcoholic) and same meal in Iceland would cost up to 50$ if not more. Japan is also a island and has to import a lot, to me the strawberries here are cheap costing around 4-5$ a basket, same in Iceland would be 6-10$ even if locally grown. The Americans stutter at those prices. Don't seem to realise that not everything can be grown locally etc. In Iceland 6$ burger is something I would be very suspicious of because a good gas station burger is 7-8$ 10-12 if a a full meal fries and a drink.
@cattysplat 5 жыл бұрын
Iceland is a rich country with high wages and some of the best living standards in the world, $6 for fast food is nothing to most who live and work there. America meanwhile has armies of poor people who are paid minimum wage or don't work, so cheap low quality food is very popular, I would even say mainstream culture. The fact that only 3 branches of Mcdonalds were opened shows that Iceland did not love their food. Quality is low and most people living there earn a good income...I am sure most were willing to pay more for a better meal, except during the 2008 financial crash when everyone in the country got screwed over.
@dl9252 5 жыл бұрын
Niklez7 very simple, their perception on the gas and the few dollars discount from supermarket Just like my country here , gas price increase 10cents = 0.025usd per litre , u can see long queue with Mercedes and bmw waiting to fill up their gas day before the gas price goes up
@handsoffmygunmf6750 4 жыл бұрын
Icelandic people eat sheep. McDonald's didn't have a lamb burger.
@doodoobrn 3 жыл бұрын
It's extremely reassuring that at least one country had the sense to raise tariffs after the banking bubble popped. I'm sure Icelanders will get over the loss of the McDouble.
@MylarBalloonLover 2 жыл бұрын
tariffs are stupid. free trade is the best.
@julianneheindorf5757 Жыл бұрын
We have no McDonalds in Greenland at all. In the 1990s local business people in Nuuk (our capital) wanted to open a McDonalds franchise here, but McDonalds didn’t believe that it could be a success because our population in the city at the time was only around 13000 inhabitants. Now we have gone above 19,300 so the6 told the no. We do have local burger joints and pizza joints, but no other well-known American brand names. Last year though, a Subway opened up, but I have yet to check it out. I wouldn’t mind seeing a Burger King here. I love the whopper…
@Da__goat 5 жыл бұрын
Darn guys. The 300,000 people in Iceland are gonna miss out on the hamburger. Shipped to the arctic circle. In winter. From Texas. Frozen the entire way. Imported. Subject to taxes, tariffs, and a very dynamic micro economy.
@cuckshedrecords4806 5 жыл бұрын
They imported ingredients from Germany, but if you watched the video you would already know that.
@Da__goat 5 жыл бұрын
Cuckshed Records That’s an awesome name dude! Yeah. You’re right. It’s Germany. They imported most of their goods from Germany. I was trying to be a bit satirical and made the poor connection between American McD and German imports.
@EscapeLake 5 жыл бұрын
This is a very wholesome thread. I like it.
@Da__goat 5 жыл бұрын
Timothy F thanks Timothy!
@debrawilliams7983 5 жыл бұрын
Demetri286 Ends up being a very expensive Hamburger IN the end with all the Shipping
@Luredreier 5 жыл бұрын
7:25 They have a firm foothold in the nordic region, it's only *Iceland* they don't have a strong position in. But Norway, Sweden, Denmark and Finland all have plenty of McDonalds resturants.
@Starkardur 11 ай бұрын
McDonald's was NOT that busy or popular when it closed in 2009. Sure it had its customers but I used to work at a food court at a mall and we had McDonald's right across from us and during rush hours there were lines everywhere except at McDonald's. In the early 2000s they had a McDonalds in dontown Reykjavík which they closed due to lack of business (before the tourist boom)
@abergethirty 5 жыл бұрын
Too small of a market with expensive shipping costs.
5 жыл бұрын
Allen .Berge Yes, though also focus on buying source ingredients locally, to reduce that overhead.
@MrBlewvane 5 жыл бұрын
Did you see the McDouble being made? No sauce, no mustard, no onion, no pickle. That is going to be one dry burger.
@04smallmj 4 жыл бұрын
@@Wonkamatic Regular handwashing is just as effective as using gloves...
@chuyitochuyin5894 3 жыл бұрын
That was a double cheeseburger
@MrAlex_Raven 3 жыл бұрын
0:44 What do you mean shifting "Towards" a free market economy, even as Social-Deomcrat as the nation is and was; Iceland was most certianly not anything but a free market.
@elianperez534 3 жыл бұрын
You archno capitalism Trump supporter
@MrAlex_Raven 3 жыл бұрын
@@elianperez534 Bro, what are you talking about? Iceland has always been a democracy. That's not even a take on "Conservativism" or "Socialism". . . Iceland was never . . . not a free-market.
@johnduff3914 3 жыл бұрын
4:36 When I was stationed in Iceland in 2004-2005, I used to always hit up those hot dog joints. 5:23
@oliviamartini9700 3 жыл бұрын
They look tasty - how much?
@TraustiGeir 3 жыл бұрын
@@oliviamartini9700 Around $3.88, given a small margin for currency exchange.
@johnduff3914 3 жыл бұрын
@@oliviamartini9700 They are. A unique take on the plain old hot dog.
@oliviamartini9700 3 жыл бұрын
Thank you both! Street food is always the way to go.
@ek9772 5 жыл бұрын
Difficult choice a kilo of onions or a bottle of good whisky. Quick sum up: MacDonald closed in Iceland due to not using local products, foreign denominated debt, and high leverage.
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