Mcdonalds: Property, Ego In Addition To Identity
I direct hold merely spent a few days inwards the modern Middle East cities of Doha too Abu Dhabi. This is the alone house I direct hold seen which matches PRC for merely sheer excess of the holding market. There are beautiful skyscrapers on what should live on worthless nation surrounded yesteryear barren streets too the strange drip-irrigated palm tree.
It's pretty clear what is going on here. These countries encounter airlines too skyscrapers equally symbols of national importance too they ready both without regard to cost.
But all inwards all it made me mean value of the superiority of our Western liberal system. We direct hold bubbles of course of report - but goose egg similar this.
In Abu Dhabi I saw rattling beautiful skyscrapers with authorities employees spread at 1 employee per 120 foursquare metres. You could play cricket within the edifice too nobody would notice. Just empty space.
--
So I larn to Milan - too l metres from the Duomo I am wondering through a rattling famous shopping arcade inwards the early on morning. Here is the photo.
Turn or thence 180 degrees too this is the view:
Yeah, at that spot it is, Mickey D's (NYSE:MCD).
They can't perchance live on making coin hither - merely planting the flag alongside all the Italian restaurants.
This is a disputation of ego rather than anything else. It doesn't direct hold the grandiosity of Doha, but thence McDonalds is non equally rich equally Qatar. The ego/motivation is the same.
They would live on meliorate off closing this too dedicating the savings to keeping the toilets inwards the U.S.A. restaurants clean.
But thence holding has oftentimes been a disputation of ego - too U.S.A. mega-corporates are non immune.
John
PS. If Carl Icahn controlled a big stake inwards MCD this store would close. Carl oftentimes brings some rationality to these things.
It's pretty clear what is going on here. These countries encounter airlines too skyscrapers equally symbols of national importance too they ready both without regard to cost.
But all inwards all it made me mean value of the superiority of our Western liberal system. We direct hold bubbles of course of report - but goose egg similar this.
In Abu Dhabi I saw rattling beautiful skyscrapers with authorities employees spread at 1 employee per 120 foursquare metres. You could play cricket within the edifice too nobody would notice. Just empty space.
--
So I larn to Milan - too l metres from the Duomo I am wondering through a rattling famous shopping arcade inwards the early on morning. Here is the photo.
Turn or thence 180 degrees too this is the view:
Yeah, at that spot it is, Mickey D's (NYSE:MCD).
They can't perchance live on making coin hither - merely planting the flag alongside all the Italian restaurants.
This is a disputation of ego rather than anything else. It doesn't direct hold the grandiosity of Doha, but thence McDonalds is non equally rich equally Qatar. The ego/motivation is the same.
They would live on meliorate off closing this too dedicating the savings to keeping the toilets inwards the U.S.A. restaurants clean.
But thence holding has oftentimes been a disputation of ego - too U.S.A. mega-corporates are non immune.
John
PS. If Carl Icahn controlled a big stake inwards MCD this store would close. Carl oftentimes brings some rationality to these things.
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