Photo by Jacob McGowin on Unsplash
 

Fast food chain Wendy's said it’s closing hundreds more US locations than previously announced because customers can’t afford to eat there. It fits with what McDonald's US President said last week about how the entire industry is fighting for contracting traffic. It sounds practically Chinese, talking about oversupply of cheap hamburgers and chicken nuggets. But as we know only too well from China’s economy, it isn’t too much production it is the lack of demand.

Video Length: 00:19:28

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