Tag Archives: drinking

It’s not the smell

During today’s pre-morning (last night) I was alerted to a story on the BBC (at https://www.bbc.com/news/articles/ckglnk6yxlko). Now, I get the sentiment, but there is something off about it all. 

It is about Bourbon and the headline gives us ‘How Kentucky bourbon went from boom to bust’ and we get a few issues in this article. But first (famous last words). I am not a great drinker. I have a sip every now and then and my personal favourite is Cognac XO. I am driven towards Martell or Hennessy. I had a Cognac booklet on Cognac Brands at some point and these two were set to 95.2 and 95.1 (I honestly forgot which got which) there was also a brand (forgot the name) that scored a little higher (around 97.4) and it was almost twice the price. I had one glass and I could not tell the difference and why pay twice as much when my tastebuds cannot differentiate? So I kept to these two and budget driven as I tend to be, the cheapest of the two. Beyond that I drink Rum, Glenfiddich single malt and the last bottle of Rum I bought was three years ago and I still haven’t finished the bottle. So, you can say I am not much for drinking, but I am not anti-alcohol (except when driving a car). 

So what gives?
We are given the quote “President Donald Trump’s global tariffs have been the final straw. The EU has announced retaliatory tariffs against US goods, including Kentucky bourbon and Californian wine, although implementation has been delayed for six months. Meanwhile, most provinces in Canada have stopped importing American alcoholic beverages in retaliation. The country accounts for about 10% of Kentucky’s $9bn (£6.7bn) whiskey and bourbon business.” And to this (in part) I say ‘Yay Canada’ but that is not the part that ‘bothers’ me. The response was nice to read, but it wasn’t it either ““That’s worse than a tariff, because it’s literally taking your sales away, completely removing our products from the shelves … that’s a very disproportionate response,” Lawson Whiting, the CEO of Brown-Forman, which produces Jack Daniels, Woodford Reserve and Old Forester, said back in March when Canadian provinces announced their plan to stop buying US booze.” (That will teach yanks not to mess with our Canadian brethren and the BS quote of “Canada would make a great 51st state”) The issue is seen down the article. It starts off with:

It is the setting I gave above. What business model is set to “The country accounts for about 10% of Kentucky’s $9bn (£6.7bn) whiskey and bourbon business.” To set the stage where one country is responsible for 10% of its revenue and we see businesses go into receivership. That part does not make sense. As I see it, there are more places where US drinks are starting to get banned, or the reason of bankruptcy is not what we read here. So where one country stops drinking and we see the setting of a ‘bust economy regarding Whiskey sours?’ Perhaps not the most eloquent setting, but the stage seems to be ‘rigged’ in some way.

So as we are focussing on the smell, I will ‘plagiarize’ Shakespeare and hide behind William’s  quote “Something is rotten in the state of Kentucky” There is a chance that these distillers were barely making the revenues and that is fine. But for one nation (named Canada) to have this big an impact all while we see drops in revenue around 10% does not make sense to me. I reckon that America needs to ‘embrace’ its local product and not hide behind the sour grapes from France (ok, that’s funny).

I am not a drinker, but I know what I like and it is a distinct taste and it includes bourbon, which I haven’t drunk in years and at present I support my Canadian brethren (sisters too) and I stopped buying American Drinks (sorry Ryan Reynolds) for now. Fortunately for me Cognac is French and Glenfiddich is Scottish, so for the next few years I’m good. 

Did anyone else pick up on the skewness of this setting? And if we are not given the right parts in this equation, what else in America’s economy is not sounding right to you?

Anyway, I am now 240 minutes from breakfast, but whose counting? Canada has its own versions of Whiskey, Rum and even a butter tart vodka. So look hard and you’ll find a reason to support Canada, so Commonwealthian’s unite.

Have a great day and consider Rum from Quebec (just learned about this, I never knew).

Leave a comment

Filed under Finance, Media