Sunday, April 5, 2009

Credit Crunch? Obviously not in Hong Kong

Some Asian bloke in Hong Kong has just paid US$62000 for a 6 litre bottle of 1961 Chateau Latour (a bottle of red wine to the rest of us). Well, all I can say to that is that if this is what Asians are blowing their money on during the worst financial crisis in decades then the crisis has not hit Asia yet.

Either way that is a lot of money. I was in my local supermarket the other day and you can buy a nice drinkable bottle of a litre of red for EUR2.99, multiply that by 6 and you can get the same quantity of good wine for EUR11. 94. I wonder if I can ask Sotherby's for the Asian blokes telephone number, I could do him a good deal or two.

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