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Whining for Wine

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In a few years’ time we might all be whining because there is no more water left in the world apparently. That’s because according to the World Economic Forum “we are now on the verge of water bankruptcy in many places around the world, with no clear way of repaying the debt”. But, if there’s one thing that the world will not be able to put up with, it’s the growing fear that we will actually run out of wine! Whatever will the banksters do then to celebrate their earnings and what will the traders be drinking to jubilate over their growing bubble on the stock exchanges around the world? We could all be whining over the shortage of wine in the years to come. How are we going to drown our sorrows when the bubbles burst yet again? Turning to drink takes on a whole new meaning, doesn’t it with the price of wines set to increase like never before?

Shortage of wine in the world is getting worse according to a survey carried out by Morgan Stanley Research. If we compare 2012’s figures for supply and demand, then there was only just enough wine to cover demand for that year. The report stated: “Data suggests there may be insufficient supply to meet demand in coming years, as current vintages are released”.

Global wine production has been on the up since the late 1990s and there was only a very short period at the start of the financial crisis when consumption fell (between 2008 and 2009). Otherwise it has always been on the increase.

Global Wine Consumption

Global Wine Consumption
  • The US and China are to blame as they have increased their consumption over recent years.
  • The US now accounts for 12% of global consumption.
  • The US has doubled consumption within the last decade.
  • China has doubled consumption every two and a half years over the past five years.
  • China is the 5th importer in the world in terms of wine.
  • Wine consumption has increased by almost 4% since 2007 around the world.
  • The wine sector will have a total value of $306.6 billion by the year 2016.
  • This alone represents an increase of 17.9% by comparison with figures of 2011.
  • The US will consume 400 million cases of wine in 2016 and China will be doing exactly the same.
  • Global wine production is hardly able to keep pace with the growing demand that is being experienced in the sector.
  • France has decreased its land that is dedicated to wine-growing (from 11.6% (2001) of world total to 10.6% in 2012) since it was largely unprofitable. That looks set to change however.
  • Global Wine Production

Global Wine Production

All of that could be good news for the EU since 60% of the world’s wine is still produced there. They could do with gaining the benefits from their wine, rather than just drowning their sorrows, downing a swift one morning, noon and night and three times on Sundays.

Wine might just be the place to invest in the coming years. Or at least, get the bottle in why you can. They might not be around much longer. Can you imagine we would have wine queues and people would be on the wineline?Breadlines? Never heard of them!

Wine - A thing of the past?


Wine - A thing of the past?

Glorifying and extolling the benefits of drinking wine in hallowed ritualization will become a thing of the past, won’t it if we run out of wine in the world? Painting the town red and kick up one’s heels will be what people did in yesteryears. Drinking a pint of milk down the pub with your colleagues just isn’t going have the same ring about it, is it? Well, probably wouldn’t be able to do that either. Milk is too expensive, these days.

Crack open a bottle of whatever you can get your hands on!

Originally posted: Whining for Wine

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Sun, 11/17/2013 - 21:52 | Link to Comment Boxed Merlot
Boxed Merlot's picture

Wonder when they'll switch to cans?...

 

 

C'mon, here in the central valley of CA, a 5L box of local product costs <10 bucks and when mixed 50/50 with water is a great all day / every day beverage. The cardboard and plastic containers are recyclable / disposable and there's no deposit on either, (yet).  They stack easily and for all my efforts of trying to create a shortage myself, I've not been able to keep up with the vast numbers of acres continuing to be newly planted every year.  Drip irrigation, mechanized harvesting and newly developed computerized screening / selecting of grapes are enhancing / increasing every years vintages. 

I gave up any temptation to being a wine snob back in the fall of '08.  I'm content now to live out my days enjoying the fruits of my labors and encouraging others to do the same.

The only thing I could see that will throw a wrench into the cost / supply paradigm will be the fed's 85B monthly infusion of ether backed currency into the ocean of dollars already pounding the shores of every nations beaches and their commitment to melt the icecaps with even more "liquidity".

 

End the fed.

 

jmo.

Sun, 11/17/2013 - 20:42 | Link to Comment andrewp111
andrewp111's picture

There is no wine shortage. The EU has been paying its farmers to turn wine grapes into industrial alcohol in order to support the price.

Sun, 11/17/2013 - 20:04 | Link to Comment Restcase
Restcase's picture

They're not counting wine from places like Armenia, Georgia, Oregon, Virginia, Ukraine, Crimea, Britain, etc.  Guaranteed

Drink local.

Mon, 11/18/2013 - 14:18 | Link to Comment Flakmeister
Flakmeister's picture

Oregon has some fine Pinots... the rest of your list is basically shitty plonk...

Sun, 11/17/2013 - 19:40 | Link to Comment AngelEyes00
AngelEyes00's picture

Our neighbors work for high end wineries and always bring the most amazing bottles of wine to our party's.  Wine that is grown so organically it doesn't give one a headache or hangover.  Now that's something to toast! 

Sun, 11/17/2013 - 19:25 | Link to Comment Coldfire
Coldfire's picture

Water bankruptcy? Another fear-based scarcity meme promoted by WEF hyenas. Even thinking about it makes you less intelligent. 

Sun, 11/17/2013 - 19:15 | Link to Comment U4 eee aaa
U4 eee aaa's picture

This is human nature writ large and more proof that we are too incompetent to manage ourselves. Only humans, on a planet that is 3/4 water(and yes, I know the majority is salt), could figure out a way to run out of water

Sun, 11/17/2013 - 17:57 | Link to Comment Diogenes
Diogenes's picture

Global Warming says the ice caps are melting. It seems we will be drowning and dying of thirst at the same time.

Sun, 11/17/2013 - 18:11 | Link to Comment Zero Point
Zero Point's picture

Precisely. If it looks and smells like horseshit, it probably came out the back end of a horse.

Lack of water? Why does so much fresh water flow daily into the oceans then? You'd think we'd be damming it.

Oh, wait. Environmentalists hate dams. I wonder why?

 

Mon, 11/18/2013 - 14:17 | Link to Comment Flakmeister
Flakmeister's picture

Umm...

they are damming it as fast they can in China..

Do you practice tortured and mendacious logic? Or is it a natural ability?

Sun, 11/17/2013 - 18:00 | Link to Comment razorthin
razorthin's picture

If suffering grapes makes the wine better, will making the elites suffer make their shit easier to swallow?

Sun, 11/17/2013 - 17:34 | Link to Comment 11b40
11b40's picture

What I have been seeing over the past few years is a fairly dramatic decline in prices for reasonably decent bottle .  I lost my wine snobbery long ago, and learned the joys of uner $10 wines.  I will still splurge for a special event, but there really is very little reason to, unless I want to impress someone...which is also very rare.

 

Sun, 11/17/2013 - 17:16 | Link to Comment 0b1knob
0b1knob's picture

Doesn't the Euro union have a staggering amount of wine in storage all of it purshased to support prices?

Sun, 11/17/2013 - 18:20 | Link to Comment 29.5 hours
29.5 hours's picture

 

 

Yes, and don't forget the Strategic Wine Reserve in the U.S.  Its location is a secret but it is right next to the Strategic Raisin Reserve.

 

 

 

 

Sun, 11/17/2013 - 16:55 | Link to Comment Flakmeister
Flakmeister's picture

2012 was a disaster for yields.... GW is going to hit the wine areas hard...

BTW, the region of Languedoc in France produces 3 x the number grapes compared to California....

Sun, 11/17/2013 - 17:34 | Link to Comment akak
akak's picture

How and why is George Washington going to hit the wine areas hard?

Sun, 11/17/2013 - 18:54 | Link to Comment stacking12321
stacking12321's picture

i know that you could care less, but i think he means GW = global warming.

Sun, 11/17/2013 - 12:39 | Link to Comment aka_ces
aka_ces's picture

for those with a "long-term" view to investment-cellaring, consider the impact of likely utility price hikes on keeping a cooled inventory, esp. in the South, esp. as climate change warms up.  Time to drink up.

Sun, 11/17/2013 - 11:52 | Link to Comment LongBallsShortBrains
LongBallsShortBrains's picture

Cork it.

Sun, 11/17/2013 - 11:29 | Link to Comment colddirt
colddirt's picture

Better than a global scotch shortage...........Yikes!!

Sun, 11/17/2013 - 10:04 | Link to Comment PT
PT's picture

<-----  Too many people

<-----  Not enough water, wine, oil, wood, fish, farmland, rainforests, habitable land, energy etc etc etc 

Sun, 11/17/2013 - 12:06 | Link to Comment chemystical
chemystical's picture

 

 

Paraphrasing Mark Twain: "Reports of our Malthusian demise have been greatly exaggerated."

Assorted demographers historically have been DEAD WRONG in their predictions of, for example, a 1BN limit on a sustainable population.  Malthus' work was ridiculously flawed and failed to cite a single observation or experiment yet leaps well ahead to theory and law.  UN Food and Ag Org has more than once that we'd have excess production of food well into the 21st C.  Neo-Malthusians are very much the Luddites in their assumptions that no new knowledge will emerge - just as their historical counterparts conveniently ignored the same and have been proven wrong time and time again.  One can imagine a soybean farmer from the US in 1920 stating confidently that there is absolutely no way he'd ever yield more than 10 bushels/acre.

World population: 7,125MM

World land mass: 184.94MM square km

Population Density: 38.5 per sq km.

Understood that we're not going to have a large population in Antarctica (at least not tomorrow, but the barriers to populating that wilderness are not considerably more insurmounatable than what was faced by pale faces from 1492 to the early 1900's in the USA).  And no we're not going to have a large population in the Sahara tomorrow (but it's not impossibkle to bring infrastructure to it - Khadaffi had some plans for that).  And no we're not going to have a large population atop Mt Everest. 

Before anyone whines about infrastructure and clean water supplies, 1) we've brought the mountain to Mohammed many times, and technological innovation is not at a standstill.

Tokyo population: 12MM

Tokyo area: 2,168 square km

Population density: 5535/sq km

Thats metro Tokyo prefecture.  (Downtown is far more dense)

NYC population: 8.5MM

Greater NYC 7,690 sq km

Pop density: 1105/sq km

(Greater NYC covers an extensive area that most of you will never visit.  Manhattan is far denser at 27,300/sq km).

 

Sun, 11/17/2013 - 18:23 | Link to Comment TrulyStupid
TrulyStupid's picture

We now have Peak soda pop in Manhattan and the freedom to be obese has been trampled by the local dictator.

Sun, 11/17/2013 - 17:22 | Link to Comment Eeyores Enigma
Eeyores Enigma's picture

Chem - the essence of your argument;

I have not died yet therefore I probably never will.

FAIL!

Sun, 11/17/2013 - 13:35 | Link to Comment joego1
joego1's picture

So many of the people on this planet already are living in poverty it seems in many ways we have already hit the limit.

Sun, 11/17/2013 - 18:08 | Link to Comment Dick Buttkiss
Dick Buttkiss's picture

"So many of the people on this planet already are living in poverty..."

The question is why.

The answer is the state.

Good thing it's collapsing under its own weight.

Meanwhile, it can kiss my ass.

Sun, 11/17/2013 - 18:41 | Link to Comment stacking12321
stacking12321's picture

the state is part of it.

also, it doesn't help that the poorest, and least educated people, are the ones that have the most children.

 

Sun, 11/17/2013 - 21:38 | Link to Comment Dick Buttkiss
Dick Buttkiss's picture

Isolate, indoctrinate, alienate, impoverish.

It's what the state does.

Procreation follows.

What the fuck else is there to do?

 

Sun, 11/17/2013 - 13:23 | Link to Comment PT
PT's picture

Earths land area = 150 000 000 km2 / 7 000 000 000 people = 
0.0214 km2 per person = a square 144 metres by 144 metres per person, off which they can grow their food, dig up metals for refrigerators and cars, get clay to make bricks, trees to make rubber, share a bit with wild animals etc etc etc.  I do understand that we can save a lot of space by stacking people on top of each other and charging them money to service their elevators, but that still sounds like a cramped earth to me.

Of course, over-population always sorts itself out through some combination of disease, famine and war but I was kinda hoping we would be looking for a gentler way by now. 

Sun, 11/17/2013 - 17:14 | Link to Comment chemystical
chemystical's picture

"Of course, over-population always sorts itself out through some combination of disease, famine, and war..."

No offense, but I'd be more convinced if you provided a few examples where overpopulation was the cause for any of those things. 

disease is your best - albeit weak - argument, where you might say that an infection escalates into a life-clearing epidemic, but that's quite a reach because the historical examples were not due to scarcity of medicine but instead to a lack of knowledge or lack of planning, and neither of those is related to overopopulation.  The same scenario could take place in a two-person household.

famine?  brought about by too many people? or too little planning or uncooperative weather (which - with all due respect to the anthropogenic global warming crowd - has scant interest in population)

war?  for every (any?) example you can cite where overcrowding in region B caused some of inhabitants to invade region B, I'll cite 100 where the people of B wanted to steal the stuff that belonged to the people of A.  I'm not aware of any instance where country B went to war with A as a result of B being too crowded.

 

Mon, 11/18/2013 - 13:01 | Link to Comment zuuma
zuuma's picture

"I'm not aware of any instance where country B went to war with A as a result of B being too crowded."

 

How about the Vikings around 800-1100?  Maybe not a war, per se, but definitely warlike behaviour.

Didn't a nice temporary climactic warmup produce too many norse around that time? 

Best way for a norse lad to seek his fortune was to sack & pillage English costal towns.

Eventually things cooled down. Literally & figuratively.

Sun, 11/17/2013 - 22:37 | Link to Comment PT
PT's picture

Tell me again, why did people B want to steal stuff from people A?  Just bored, were they?
Why do we get super-bugs in our large hospitals?
Famine - unco-operative weather?  Either we can starve or we can go to the land of nicer weather ... but there just happen to be some people in the way.

A lower human population provides a nice buffer to these problems in all these examples. 

Sun, 11/17/2013 - 18:53 | Link to Comment stacking12321
stacking12321's picture

chemystical,

while the predictions of the malthusians may have been too early regarding overpopulation, i would say nonetheless, the premise still holds.

yes, i agree with you that there will be some technological innovation to offset the problem,and it may help to squeeze a little extra effiency out, but it's not a solution to the problem.

the problem is one of exponential growth, within the petri dish of a finite world.

if you've taken any college level math courses, you probably know how powerful the exponential function is over time.

we can't keep adding population, and adding economic growth and debt, in a finite world with finite resources.

 

Sun, 11/17/2013 - 17:59 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Ever hear of a place called "Easter Island"?  You also might want to look up what is meant by the "silent majority".

History is ripe with examples of overpopulation destroying entire civilizations.  For thousands of years when one tribe sees that their supplies are getting low, they sack the nearest tribe.

Not very bright are you?  It's either that or you are another "why is our oil under their sand" douchebags.

Sun, 11/17/2013 - 10:06 | Link to Comment PT
PT's picture

<----- Something else  (please give details)

Sun, 11/17/2013 - 14:24 | Link to Comment Dick Buttkiss
Dick Buttkiss's picture

"A man is rich in proportion to the number of things he can afford to let alone." — Henry David Thoreau

Yes, consumption — consumerism — is government policy, as the Keynesians who run things have this insane belief that consumption is the key to prosperity. But insofar as production is the key to prosperity, it is imperative that we close the production/consumption loop, learning to produce everything out of the waste stream, such that there is no waste.

There's no waste in nature, after all, and if we are to not only survive but prosper, we must learn to do so in keeping with Francis Bacon's famous dictum:

"Nature, to be commanded, must be obeyed."

Period.

Sun, 11/17/2013 - 10:17 | Link to Comment johnQpublic
johnQpublic's picture

not enuf war?

 

by the way, how much wine am i entitled to on my EBT card?

Sun, 11/17/2013 - 09:59 | Link to Comment Arrowhead
Arrowhead's picture

Affordable Wine Act  ASAP

Sun, 11/17/2013 - 12:43 | Link to Comment kchrisc
kchrisc's picture

"We'll have to cancel your current wine, but you can have MD 20/20 or Thunderbird for twice the price. Aren't we nice?!"

Sun, 11/17/2013 - 17:53 | Link to Comment LawsofPhysics
LawsofPhysics's picture

I'll make my own, thanks.

Sun, 11/17/2013 - 09:54 | Link to Comment stant
stant's picture

i just make my own, its easy

Sun, 11/17/2013 - 18:18 | Link to Comment DosZap
DosZap's picture

The US is fast becoming the WORLD's leading producer of wine.If you have a water shortage there is a simple fix, DIG some more lakes, and resevoirs you dumb arses.

Sun, 11/17/2013 - 10:38 | Link to Comment FieldingMellish
FieldingMellish's picture

Yep. 35 pinot noir vines and growing. It's a dead simple process with only a day or two of hard work picking and crushing.

Sun, 11/17/2013 - 18:23 | Link to Comment Ratscam
Ratscam's picture

i guess that was sarcasm.
Else, you have no idea about the complexities of making a decent wine. Planting, cutting, weather, bugs, fungus, birds, timing, collecting, fermentation, blending, storage, bottling, etc.....
selling hopefully for a net profit.

Sun, 11/17/2013 - 09:49 | Link to Comment cossack55
cossack55's picture

I will begin adding MadDog 20/20 and Thunderbird to my preps tomorrow.

Sun, 11/17/2013 - 21:10 | Link to Comment monkeyboy
monkeyboy's picture

They forgot to tell Australian winemakers & growers.

 

The glut is still strong this part of the world, Australian producers are praying the Chinese will buy our juice.

 

 

Sun, 11/17/2013 - 19:16 | Link to Comment krispkritter
krispkritter's picture

Wonder when they'll switch to cans?  Bonus for bums; no broken bottles and you can collect the cans for cash and buy more MD!

http://www.dailymail.co.uk/news/article-1184276/Pop-ring-pull-Would-drink-wine-can.html

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