Modrn Market Strategy

I sometimes detest the activities of my fellow man, and the development of ‘Perfect Storm’ conditions may be the worst of the objects of cynical derision which I might express. The Most I can determine from the article is that Rice production has maxed out, Governments are reducing their stockpiles of Rice, the rising affluence of the Third World has been buying up the excess supply of Rice on the International market at a more rapid pace; all leading to sharp increases in the price of Rice. The fact is that only 7% of the World Rice supply is traded internationally, and Vietnam is cutting its Exports by 25%; with Thailand expected to follow suit with a similar restriction. They are the two leading Rice Exporters, but other Rice Exporters have also set Export quotas. Everyone should realize that the reduction of Government stockpiles remains the major culprit, but the long-term conditions of the hard physical labor of traditional Rice production plus urbanization eating up prime Rice production land, will cause the greatest dislocation. It is simply consistent with other dangers to the Food Supply coming from labor asset switch out of Agriculture, combined with the higher Incomes of the developing labor force.

This is Technology? Inclusionary Zoning, Jeff Frankel, and free Internet access may appear to be highly complex technological modeling, though I possess some doubt that it fits in the Technology section. What do I know? Still, I would imagine that creation of ‘Small Town centers’ within Zonal development achieves the longest construction longevity rates. Jeff Frankel is probably right, but James Hamilton is not only support for the Frankel thesis, he outlines the expressible probability of result. Space Invaders might eat Sebastopol, Calif., but they won’t have to watch it on TV.

Why the gloom and doom? There is still no Recession for another Quarter, unless there is a sharp downward revision of the released Numbers. Economists and Wall St. Brokers can breath a sigh of relief, as the Bogeyman has been pushed back again (I could repeat my thesis and belief that the Recession is already over, having started in July 2007, but which was hidden by the greater consumption of American Exports during the Period). The Thrill-Seekers, though, can still find solace in that the Housing Crisis remains, Commodity Prices will remain exorbitant throughout the absorption of the excess Profits of the late Boom, and the Recession will eventually come sometime; as the greatest mass of wealthy Americans remove from Prime Consumption, to the secondary position of Alternate Source Consumers due to retirement. We can only hope that the Kids are as profligate as their parents. lgl