Professor Loftsdóttir explained that the withdrawal of McDonald's was 'a symbol of a decline in international status' as Iceland has been focusing on becoming a Western power since its separation and independence from Denmark in 1944. According to Professor Loftsdóttir, the fact that McDonald's entered Iceland in 1993 means that 'Iceland has globalized and became a developed country in the west.'
'McDonald's withdrawal from Iceland was a big blow,' explains Professor Kristín Loftsdóttir of the Department of Anthropology, University of Iceland. However, McDonald's chose to withdraw after being forced to raise prices significantly or withdraw because of the dramatic depreciation of the krona during the above financial crisis. McDonald's has strict regulations on the ingredients it handles, and in the case of the Iceland branch, it imported ingredients from Germany. The currency, the krona, had a rate of about 60 kronor per dollar in 2007, but in 2008 it plummeted to 125 kronor per dollar, and was described as 'on the verge of national collapse.' The financial bubble collapsed in Iceland, where the high leverage was outstanding during the global financial crisis that began in the latter half of 2007, which was triggered by subprime mortgages. McDonald's is a global fast food chain with operations in approximately 120 countries, but as of January 2022 it does not exist in Iceland. When Smárason opened the package thinking 'Isn't it rotten?', The Big Mac and potatoes in question were as good as new and 'looked like they had just been purchased 15 minutes ago.' The roller blades that remained in the same garage had rat bites left on them, but the Big Mac and potatoes in question were unharmed, indicating that they didn't even touch them. This is a Big Mac and potato that McDonald's bought on October 30, 2009, the day before McDonald's completely withdrew from Iceland, about three years later. Hjörtur Smárason, who was to move in 2012, discovered a 'McDonald's paper bag' while cleaning up his garage. Grapevine.is/mag/articles/2/an-aging-mcdonalds-hamburger-at-the-edge-of-the-arctic/ How a Big Mac Became a'Historical Artifact' in Iceland -Gastro Obscura It's been 12 years and 2 months since the purchase date of this Big Mac, but it seems that it hasn't faded.
07:00:00 Why is there a Big Mac that is treated as a 'historical relic'?Ītlas Obscura, who reports on tourism and mysterious stories about it, reports on how 'Iceland's Last McDonald's Big Mac' came to be treated as a historic relic.
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