Julicher Pinot Noir, 2007
Friday, October 1st, 2010Interest rates artificially low. Share prices rising. Inflation a constant news item. Retailers gloomy. The price of luxuries like clothing and food are under threat. Irish banks bailed out yet again.
Could there be any clearer signals that the double dip is on the way? When it comes to recession theory, I firmly believe in the BIG W. The other big W in my life belongs to Bacchus. But how much longer will I be able to subscribe to the President’s Cellar? Pretty much the only wine I buy from the Sunday Times Wine Club these days, and the only circumstance in which I relinquish the responsibility of choice, delivers 6 secret bottles every 6 months at about £20 a head.
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