Craft beers and Australian economy

I haven’t written here but I am having a lot of new craft beers and whiskey here. All Canadian team like to have beers. So every night after experiments, they are looking for a place to drink beers. It is fun actually to find my own favorites. The U.S. has huge number of craft beer brand from small companies to big companies. I remember the small college town Charlottesville in Virginia, where I used to live, has many craft beers. I got one from Charlottesville but I forgot the name. I got the other one for fridge in hotel yesterday.

Let’s talk about whisky. They like whisky as well of course. We had tour in Washington D.C. we went to whiskey bar, we enjoyed whiskey there. I got highland park 12 years. I was reading article from Bloomberg, Australian are making really expensive but small amount of whiskey at Tasmania, $600 per bottle? I became interested in I need to have it when I come back to Sydney.

Japanese are making good whiskey now you should try it. And also, Japanese started making local craft beers which is good and like in the U.S. and Canada, we will have big movement for craft beers in next 5-10 years I guess as we could see in these counties. I am hoping find good one in Japan when I visit there next time. And also Japanese are now making sparkling sake. I like them too.

By the way, I am little bit about worrying about Australian economy since Reserve Bank of Australia (RBA) decreased cash rate 0.25 percent and this is the third time last 15 months. This is not good in long term. Of course RBA has to do that for stimulate economy in short term but…. Since I came to Australia, I felt awkward about this country and started looking at monetary policy and economy. Because housing and prices are super expensive. And, I looked at market and top 30 companies in market capitalization, I soon realized this country is going to be very bad when China went wrong because one third of trade of Australia is with China. I have not trained as economist but I could see something wrong. I can write some here but I would like to be careful because this is happening.

The problem is if Australia went wrong, I don’t know how this country would come back because they don’t have anything to export other than commodities (which no one want to buy when economy is bad). And the debt each households in here have is huge. I wanted to watch each parameters carefully but this is not my job and I don’t have much time for that. I hope my worry does not become true. But I believe this is inevitable because no country can’t avoid the cycle of economy. Anyways, there is nothing I can do for it.

Anyways, I am looking for plans on vacation in late August and early September. I will have been busy until then I am looking for somewhere I can escape and I can relax. I don’t want to do anything this time of vacation.