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Today, Explained

McMoscow

Today, Explained

Vox

News, Daily News, Politics

4.3 • 10.3K Ratings

🗓️ 25 July 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

The 1990 opening of a McDonald's in Russia heralded not just burgers and fries but, get this, a new era of peace and prosperity. The Economist’s Patrick Foulis explains how the promises of globalization never entirely materialized. This episode was produced by Avishay Artsy, edited by Matt Collette, fact-checked by Laura Bullard with help from Victoria Dominguez, engineered by Paul Mounsey, and hosted by Noel King. Transcript at vox.com/todayexplained   Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Today, finally, McDonald's threw open the doors to its first restaurant in Moscow.

0:06.7

And make no mistake, this was an event of major gastronomic proportions.

0:10.6

If you've been watching the news that January day in 1990, you might have wondered why

0:15.2

everyone was being so extra about a Mickey D's.

0:19.1

A feast in the time of play.

0:21.1

The words of Alexander Pushkin rushes greatest poets on the square that bears his name and

0:25.3

statue, Pushkin now contemplates, McDonald's.

0:29.5

This was the start of a new era of globalization.

0:32.4

American brands and culture would soon be found all over the world, and products from China

0:36.7

and Mexico would become ubiquitous in the US.

0:40.1

This was how we lived for 30 years.

0:42.3

Then in February, with global supply chains already shattered by the pandemic, Russia invaded

0:47.6

Ukraine and McDonald's decided it had had enough.

0:52.1

Coming up on today's explain what McDonald's exit west tells us about the future of globalization.

0:59.9

Shopping for the holidays on Instacart means you can get some gifts delivered in as little

1:04.0

as 60 minutes.

1:05.8

You can get way, way more than groceries delivered through Instacart.

1:09.2

Shop over 900 retailers, including Best Buy, Croger, Sephora, Safeway, Bed Bath and Beyond,

1:15.4

Dick Sporting Goods and more.

1:17.1

Plus, when you pay with Clarna, you can spread your payments over time.

1:21.0

If you're in a hard-hit now, pay over time with Clarna.

1:24.0

New Instacart customers get $25 off orders of $100 or more when paying with Clarna with

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