The US Might Be Running Out Of Whiskey
The Daily Caller, 4 June 2014 (hat tip: TMP)
I am not sure if whiskey exports will be enough to generate a deep recovery, but I guess it is a start.The Tennessean reports distillers and industry observers are predicting an upcoming whiskey shortage as the market has risen 10.2 percent in the past year. David Ozgo of the Distilled Spirits Council told The Tennessean there’s been an “explosion internationally” of exports for bourbon as countries like China, Australia and South Korea have opened their doors to whiskey imports.
4 comments:
People are needing to self medicate all around the world as stress levels rise.
In the book "Who Will Feed China?", a scary as hell book you should read right before bedtime, the observation was made that if every Chinaman drank one beer ( or one extra beer if they were already drinking ), there wouldn't be enough raw ingrediants in the world to produce that demand. I would be worried about beer if I were you because as soon as China turns its sites on a new item it wants, they can outbid us easily. Whether coal, or meat or whatever.
You know, that might be a bit of a good thing. Maybe if the price goes up enough, we can shake the yuppie-boomer-pretentious scum that has been driving up the price.
I think that a lot of this has to do with the "want-so-desperately-to-be-hip" crowd recently discovering American whiskey.
This followed the vodka and scotch gentrification schemes of the 90's and 2000's.
All I know is that the cost of my beloved Maker's Mark and George Dickel has bee rising because of this.
Sunnybrook: Self medication with combined with conspicuous consumption: got to love it.
James: Yes the Chinese scale is scary. But their economy appears to be in overdrive implosion mode, so we will see about the "buying up" idea.
Degringolade: Combined with a weakened U.S. currency, the price would go up a lot.
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