How the other half drink

[rjsussex]

Much hand-wringing in the UK wine press about the average supermarket bottle purchase price being about £4 (of which presumably the wine is about 5p and the rest taxes) - well, let's all cheer up as Fine and Rare, big-time brokers, have just won some export award and the citation includes this mind-stretching statistic:

'The average price of a bottle of wine sold by FINE+RARE increased from £36 in 2004 to in excess of £94 in 2010.'

Average!

Recession? what recession?

Richard

[Houndsong]

The recession generally has been very good on average for the people who buy expensive things. This is not even to mention the newer entrants in the aspirational to super-wealthy in developing countries. The people from the middle on down are bearing the brunt of this but that's unexceptional too.

[rjsussex]

Yes and middle-on-down Richard is more and more middling and more and more down...

R

[JimHow]

Oh there's no recession for about 1% of the people in the world.
That's still a lot of people:

6,000,000,000 x .01 = 6,000,000

I was in court yesterday with another one of my criminal clients, charged with running a guy down intentionally with his car.

He works at an egg farm and supports his infant baby and the mother of his child on $8.00/hr.

He can't afford $4.00 worth of diapers, let alone $4.00 for a bottle of wine....

www.sunjournal.com