Liquid Economic Indicators: The Wine Debacle
Liquid Economic Indicators: The Wine Debacle
Mar 24, 2012 6
With the European Union going into recession, possibly, with the US growing, but not enough, with China booming, or crashing, and with Japan languishing, the worldwide economic picture is confusing. Debt crises have been swept under the rug by voluminous money-printing, directly or indirectly, sterilized or not, at all major central banks so that sovereign bonds, and even California municipal bonds, don’t get hung out to dry.
But there is one economic indicator that is particularly ... tasty and, if consumed in sufficient quantity, even more vertigo-inducing than all of the Eurozone bailout mechanisms combined: wine
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