The Global Burger: A Leading Economic Indicator
The Economist's Big Mac Index compares the price of a Big Mac in dozens of countries, using the hamburger to draw conclusions about the strength of each country's currency.
In a recession in which no one relishes a strong currency, China's Big Mac remains unsustainably cheap, and at $6, Switzerland's is wildly overpriced — unless they're dressing the burger with cornichons.
Guy Raz discusses the latest results with All Things Considered producer Zoe Chace.