The Recession just hit McDonalds. CEO Warns: “Low-income people have stopped coming“

The Recession in America just hit McDonald’s. Who is reporting a substantial decline in customer traffic in response to sky-high menu prices. With the cost of a Big Mac meal hitting nearly $20 in certain cities. These increased prices a leading to lower-income consumers to stop coming to the restaurant according to McDonald’s CEO. A signal that there is stress building across the US Economy as more and more consumers are unable to afford basic necessities. With food prices now at their highest level in 30 years relative to income. --- REVENTURE APP: Access Exclusive Data and Videos as a Channel Member: DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from . Additional stock footage provided by Envato Elements.