You have to remember that all land & development loans with Irish banks went into NAMA regardless of the solvency of the individual developer. Being beholden to NAMA is no guarantee that Ronald McD picked a bust developer but it’s no guarantee that they didn’t.
Hopefully they wont be able to open any more “restaurants”. McDonalds dont contribute anything to this country, as they dont employ irish people, and they ruin our peoples health with their garbage food.
McDonalds are a form of marketing warfare. Stay out of my country you bunch of obesity peddling scum.
1 in 5? So what? Where do they get the other 4 from, clear felled rain forest in the amazon? 1 in 5 is probably ireland share of the european beef market anyway, so theyre not doing us any particular favours.
Anyway calling their burgers “beef” is stretching the meaning of the word. “Mechanically recovered meat” is not beef, IMHO. Neither is the sweepings from the floor of the abatoir or ground down hooves and eyeballs.
In the USA, its commonly accepted that only poor ghetto blacks or kids bribed by a free toy, eat McDonalds food. Most middle class whites avoid the place.
McDonalds or other tenants would not take such risks. The way it works is that McDonalds sign up an agreement for lease with the developer. The Developer takes this to the bank and gets finance to build the premises. McDonalds are obliged to take a lease of the premises when built to their specificatiions. McDonalds do not fund the construction up front. Rather the future rent is the bank’s security for providing the funding.
Don’t bother BJB, you can’t argue with anyone who’s mind is a ghetto for unsubstantiated diatribes. Their greatest fear may be that McDonalds may be the only employer they may ever have, and even then it might be as part of some community service programme.