Showing posts with label iran. Show all posts
Showing posts with label iran. Show all posts

Saturday, October 18, 2008

Coffee Shop Economics and Foreign-Policy

This group of real Americans is not swayed by the political correctness observed on television. However, there is a group of people who we should probably call the silent majority who feel otherwise. Many people simply take and the nightly news and adopt those opinions discussed on television as their own. It is truly amazing to see what people really think about the war in Iraq and the price of oil in towns and cities across this nation.

One gentleman the other day told me; let's just nuke the Middle East and take the G-darn oil. As I sit in coffee shops across the country and meet with people who work for a living and have a family they often say things off-the-cuff that are a little disturbing. They say such things as; This is not right and it is unacceptable. In fact, when you listen to these people talk you get a whole different perspective of what is going on and what people really think about.

Consider this in 2006. It appears that people are getting very upset and when Iran threatens to raise the price of oil people are just that angry. Another one told me; $500 billion for Iraq might say they owe us some oil and a lot of it.

Thursday, October 16, 2008

Coffee Prices Going Up

More people are drinking coffee it seems. Unlike the price of fuel where we are worried about the War in Iran that is soon to be or the Civil Rest in Nigeria and disruption in production, the issues with coffee is more about increased demand on the supply and demand equation. Unlike the price of Coffee is going up and again it is the typical issue of supply and demand. Well folks it looks like the price of Coffee is going up and again it is the typical issue of supply and demand.

Additionally droughts have plagued some of the coffee crops as well. Just like Hurricane Katrina and Rita caused issues with production and refining and hampering of supplies, coffee too takes a hit when Central America is flooded from Hurricanes and Tropical Storms. But there are other problematic things, which are driving up the price of coffee; for instance the weather.

Think on this in 2006. In English for you and I, well that means higher coffee prices at the market of course. In 2006 and 2007 there maybe more production than before but it has barely kept up with demand and no significant global surplus is on the horizon. Before the weather issues the International Coffee Organization had predicted a global surplus in coffee, although they are not saying that anymore, not since the weather has taken its tool.

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