Archive for July 4th, 2016

Despite crash in prices, coconuts still costly for consumer in Karnataka

July 4, 2016

When this blog posted about urgent need to inform and communicate about agricultural sector, these are the kind of developments one was talking about.

Apparently, there has been a surge in cocnut supply in Karnataka leading to drop in prices at wholesale level. But you guessed it -Consumers continue to pay high prices:

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How to become a Bubble Finance Trader

July 4, 2016

The last thing one would like to put on this blog is tips to make money in stocks etc. But this bit from David Stockman is interesting. He is a big critic of today’s macro policies. He is one of those Washington insiders who has become a big critic of the nexus of Wall Street and Washington.

So, now he sees a big bust in US economy and has designed a trading program to help make money of this upcoming mess:

Dear reader,

Now that the Federal Reserve has raised interest rates, we’ve reached a major turning point. One that will change the course of financial markets. That’s why David believes it’s urgent you take action now. In short, we’re facing the end of what David calls “The bubble finance era.” That means…

  • Most popular income plays will be crushed…
  • People will lose their jobs as the economy enters recession…
  • The housing market will plunge again as mortgage rates head higher…
  • The stock market will crash…
  • Oil and commodity prices will plummet…
  • An unprecedented deflation will sweep across the global economy…
  • Causing widespread defaults and bankruptcies…
  • And much, much more.

But David doesn’t believe that means you have to suffer. In fact, he believe this one of the best times for you to make money. And we’re confident his Bubble Finance Trading strategy is the best way for you to do it. And remember, the most lucrative gains are still to come as the Federal Reserve continues to raise interest rates.

We’ve done all the hard work for you. David has made the bubble finance trading strategy as simple as possible, saving you time and energy.

Well that is some in your face marketing telling how to make money when the world is crashing…

Will the popularity and ambition of India’s first craft beer also prove to be its undoing?

July 4, 2016

Did not know about this. BIra91 apparently is India’s first draft beer which was launched last year. The beer caught up on popularity charts and the company is now struggling to meet its demand:

It is early on a Friday morning and Ankur Jain is already bustling about, rushing from meeting to meeting……

For the last few weeks, the 34-year-old has been fending off queries from admirers of Bira91 on phone and Twitter, with the same answer that one usually hears from a customer care number: “We are working to solve this issue. Thanks for your patience.” “We never thought we would be selling so much beer so soon and the manufacturing couldn’t keep up,” Jain admitted.

Launched quietly last year, Bira91 has silently, and through word of mouth, become a popular brand name, at least in the metros. It comes in two variants, a low-bitterness wheat beer called Bira White, and an extra hoppy craft lager, Bira Blonde.

While Bira Blonde retails in Delhi for Rs 80 for a 330 ml pint, the White variant is available for Rs 100. This is cheaper than many premium beers like Kingfisher Ultra and the Belgian Hoegaarden, but twice as expensive as the market leaders, the many strong beers such as Kingfisher Strong and Tuborg. Indeed, eight out of 10 beers sold in India are strong beers, typically with 8-9% of alcohol content, while Bira is a mild lager with 4.2% alcohol.

But all this doesn’t worry Jain. He says the company is focusing on the urban Indian consumer and that means taste is a much bigger concern than price point.

Microeconomics of Indian beer market. Will be really interesting to figure out..

Figuring the shifting tectonic plates due to Brexit..

July 4, 2016

Prof Sanjay Reddy of New School has a piece on the topic:

The Brexit referendum is nothing less than an earthquake. But when an earthquake happens, seismologists try to understand how and why the tectonic plates had been shifting, and the pressures that had been building to bring about the event. The causes underlying every earthquake are specific in how they come together, even if they are seen in different places.
He points to three such plates – globalisation, financialisation and democracy. In all the three, he looks at issues from a philosophical level mixed with reality.
It is pretty complicated at some level with multiple European countries involved. It is pretty simple at another where people are searching for their identity and survival..

The ignored sector of 1991 reforms: Agriculture..

July 4, 2016

Prof. Ashok Gulati, (perhaps) the lone agricultural voice in media writes on how 1991 reforms have barely touched agriculture sector:

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