While the gentleman above seems to think the world would be a better place with a few less Wall Street types, the wine world should be very nervous. Many are suffering, cutting where they can, and wine is a luxury. One casualty of this market is my annual trip to Napa/Sonoma - thousands of dollars that will not be spent on local wines, hotels and restaurants. Surely I am not alone, and millions of these tiny decisions will have a dramatic impact on the industry. If you fantasize about owning your own winery, wait - prices will get better, and you may even be able to hire a few investment bankers for the annual harvest...(Here are my posts from Napa 2006 and Sonoma 2007 ...)
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4 comments:
Joe,
There's always next year... I've been given 'orders' to cease all wine buying.
Ed - who knows, maybe it will morph into a trip to Margaret River/Perth? A Montreal friend of my wife is moving back there, so now we have two couples to visit (sleeping bags in the basement ok with you? there's only five of us...). The wine buying is DEAD here unless absolutely necessary - I buy some cheap whites to keep stocked up.
Just say the word and I'll buy a tent for the backyard, plus some more wine. . .
A tent?! As long as there are no cured meats hanging above to attract the dingos...
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