Watch out! The drop in oil is not like a pure tax cut

Why is McDonald’s losing its mojo? Edward Harrison weighs in. Frances Coppola, associate editor at Pieria, tells us what lessons she thinks the UK and US can learn from Japan. Warren Mosler, president of Valance Co. Inc, reveals why he thinks the Saudis have moved to spread pricing that effectively turns them into price takers and gives us his take on whether geopolitics is a big factor in this. And in the Big Deal, Edward is joined by RT’s Ameera David to continue the discussion on McDonald’s and the global fast food industry.

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