our aging population is cutting back on coffee for lots of reasons. they have a cup in the morning and switch to green tea for the remainder of the day, for health reasons. you also have large numbers of older people, suffering from reflux or refusing to drink coffee that might keep them up too late. those of us who do still drink coffee are looking to get it at a discount and, if the economy gets worse, we may even start cutting it with chickory.
so, even if supply remains steady, those are pretty good reasons why coffee prices may continue to drift lower from the demand side. of course, if mcdonald's can sell burgers in china, they may also be able to convince a few billion people to switch from tea to coffee in the morning. what an eye opener that would be, huh?
now, if i were juan valdez, i might start subsidizing expresso machines or bring back the beatnik generation's open mike poetry. down with rap, down with karaoke. down with that, man.... cool. of course, since president obama is repopularizing smoking, it may only be a matter of time before we start seeing skinny people, again, with a cigarette in one hand and a cup of joe in the other. what goes around, they say, comes around.
Time to Short Coffee [View article]
so, even if supply remains steady, those are pretty good reasons why coffee prices may continue to drift lower from the demand side. of course, if mcdonald's can sell burgers in china, they may also be able to convince a few billion people to switch from tea to coffee in the morning. what an eye opener that would be, huh?
now, if i were juan valdez, i might start subsidizing expresso machines or bring back the beatnik generation's open mike poetry. down with rap, down with karaoke. down with that, man.... cool. of course, since president obama is repopularizing smoking, it may only be a matter of time before we start seeing skinny people, again, with a cigarette in one hand and a cup of joe in the other. what goes around, they say, comes around.