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2009-02-08 Europe

Ireland's Boom Falls Hard in Global Crisis

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Posted by tipper 2009-02-08 03:53|| || Front Page|| [1 views ] Top

#1 One of my dad's buddies got into the Irish real estate market (time shares) in the 90's. Was making money hand over fist. Now he's not only not making anything, he can't sell his properties.

As far as Guiness' fortunes go, that's part of a bigger trend. It's sad, worldwide the demand for beers with actual flavor is being displaced for demand for the American light lager style. It happened here over the course of Prohibition, depression, and WWII, a nearly 25 year period. Just before prohibition, the demand in the U.S. was just over 5% of the beer market for American light lagers. By 1945 it was over 80%. It peaked even higher in the 70's and 80's and has fallen back to a little over 80%.

This change seems to be happening in EUrope with amazing quickness, really over the past five or eight years. It's too bad. Despite my oft-times critiques of Euroland, I'll concede that they make an incredible array of delicious and interesting beers, and if the trend towards the Bud-and-Miller-and-Coors-ification continues, a lot of these brews could go the way of the dinosaurs, and that would be a shame.

Of course, it may all be moot because of Islamification of the EU, anyways.

Posted by no mo uro 2009-02-08 06:15|| 2009-02-08 06:15|| Front Page Top

#2 our best local brewery - Stone Brewing Co. - makes a great beer: "Arrogant Bastard Ale". Try some

Posted by Frank G 2009-02-08 08:45|| 2009-02-08 08:45|| Front Page Top

#3 no mo euro is now sadder budweiser.

Yes, do try the young cow-like meat entree.

Posted by .5MT 2009-02-08 09:51|| www.cybernations.net]">[www.cybernations.net] 2009-02-08 09:51|| Front Page Top

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