Wine, what are saving it for?

[Thomas]

Jason,

Hope so!

Let me make a stupid prediction here: at the next economic turn-down in the U.S., which gen x'ers have yet to experience, the majority of those who got the wine habit will wonder why they can't find a decent bottle of wine at a decent price.

The answer they will come to is: because no one is producing it. And then, the next bust cycle for wine will have begun.

I have seen young stockbrokers throwing around c-notes in New York restaurants for "the best wine you got" without a clue as to the quality or pedigree of the wine. That is excess, not enjoyment, and I doubt if it produces a dedicated following.

I have also read that microbrewries are not living up to expectations of just a few years ago. Perhaps that "fad" is fading.