Have we hit peak McDonalds?

In this episode Adam and Thomas discuss various economic topics, including the recent consumer confidence data, the fentanyl crisis in America, and the mixed policies of Donald Trump. They explore how political polarisation affects perceptions of economic indicators and the implications of rising inflation expectations. The conversation highlights the complexities of economic analysis in the current political climate. They also discuss the recent surge in gold prices, attributing it to various economic factors including central bank purchases and geopolitical instability. They then shift to the decline of McDonald's restaurants in the U.S., exploring reasons behind the trend such as market saturation and changing consumer preferences. Finally, they examine the diminishing presence of music bands in the Billboard charts, noting a shift towards solo artists and collaborations, and speculating on the future of music in the age of AI.

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