Why is it~?

  By Mystic | June 24, 2012 - 01:45 |

Audio -

07:07 min.

Play

Podcast: Play in new window | Download

Written by: Mystic on June 24, 2012.
Tagged . Bookmark the permalink.
  • CSArichardo

    Why would a big mac cost more in relation to someone’s wages in any country ?  Maybe commodity prices keep the global big mac at a fixed minimum price ?  Maybe in developing countries only richer people are targeted for big mac sales because the real working class have figured out it is better to eat in and save for more essential things ?! 

  • windman3

    I liked the tragedy of the commons.

    I’ve been rattling that idea for a long time around in my skull, didn’t realise that it had an “official” name.

    The S&P versus oil price is surprising, there has to be something going on there. But I don’t have the time to delve into that. Corporate profits rising is not so surprising, that is, IMO, due to cutting jobs, reducing overheads and not investing.

    Maybe there is something to be drawn out of the McFigures, but there are not many Asians actually eating that stuff. Every month or so, in a weak moment, I stumble through the Golden Arches and have a McSomething. Always a slight disappointment, as they seem to leave me hungry and wanting another one. Haven’t quite figured that out yet. But the McMarketingExperts certainly have.

    And to chuck something into the Ethnic versus Whitey wealth debate.

    http://www.theaustralian.com.au/news/world/ethnic-births-in-us-overtake-those-of-whites-for-first-time/story-fnb64oi6-1226360582380 

    “THE United States passed a milestone yesterday in its transformation from a nation founded by white Europeans to a multicultural melting pot, with births among ethnic minorities overtaking those of whites.
    For the first time in its history, the number of babies born to white parents has dropped below 50 per cent of the total, overtaken by the surging birth rate among minority groups.
    African-American, Hispanic, Asian and mixed-race births accounted for 50.4 per cent of all American babies in the year ending July 2011, according to the latest census figures, although demographers say that the line was crossed almost a year earlier.”

    • Lyle

      Having a few glycymic friends… they say the McWhatever is charged with sugars. Even the buns.
      Blood sugar up fast then down fast and you’re hungry again. Don’t know if that’s true but that’s what I’ve heard.Prejudice of all forms is alive and well – always was – always will be IMO.
      A DNA survival thing perhaps.

    • http://overthepeak.com/wordpress/ Mystic

       Most people who say they love all them different type people, are liars.

  • CSArichardo

    How about the price of oil to big macs ?!

    http://gregor.us/oil/oil-in-big-macs-decade-edition/

    • CSArichardo

      Hope you noticed .. Big Mac doubled in price on this this scale !!!!  Are you sleeping ?

  • Nascentmind

    MCD tends to perform better better in a recession take a butchers at this chat 
    (click show US recession) 
    http://ycharts.com/companies/MCD/earning_yield#series=type:company,id:MCD,calc:earning_yield&zoom=5&startDate=&endDate=&format=real&recessions=false 

  • GarryEntropy

    I was planting a very
    big old olive tree in a rich mans garden this week, it involves underground
    heating and its all a bit daft as olives don’t survive north of the alps, and
    the tree will die in a couple of years I suppose. The very same calculations were
    going around in my head as I was in the hole digging with my shovel; Tree cost
    5000€, my wages @15€ per hour, so I would have to work 333.333333 hours (nice
    number) if I was daft enough to want a 300 hundred year old olive tree in my
    garden. It would be six weeks work for me, but for the rich man it was just a
    whim, beer money I guess, yep its a funny old world, but most of all I felt
    sorry for the tree.

    • http://overthepeak.com/wordpress/ Mystic

       http://www.spiegel.de/international/europe/finance-minister-schaeuble-euro-crisis-means-eu-structures-must-change-a-840640.html

  • Eric

    What people willing to pay.

  • windman3

    Gone very quiet around here. Must be a storm on the way.

    Talking heads bantering the “Are we slaves to central banks?”.http://www.youtube.com/watch?v=q1KnJbBJTE0 To be honest not really worth watching.  But this is beginning to annoy me. The now constant interference in the ‘markets’ by central bankers is distorting the world. ZIRP, QE, Twist, LTRO, ECTR and all the rest have made it all but impossible for the average person to safeguard what little they may have saved.
    The stock markets go up and down like a yo-yo. Currencies and commodities are doing the same 

    I have little faith in the governments in the west doing anything to really fix any of the issues. Now five years after the mess started and, to be honest, it seems to me to be simply getting worse.

    I think it must surely be time to try a different medicine.

    Garlic. What on earth is this?

    http://www.ft.com/intl/cms/s/0/e6c1842e-bbce-11e1-9aff-00144feabdc0.html#axzz1ytMqNekf 

    Can anybody tell me why frozen garlic is taxed less than fresh garlic? Why should garlic be taxed at all, except to pay for Barosso, Golum and the rest of the passengers aboard the EC Gravy Train?

    • http://overthepeak.com/wordpress/ Mystic

       Yes, it is like a lull before a storm.