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This is serious!
Forget peak oil, never mind peak gas, global warming can take its time and Syrian chemical weapons have been destroyed.
Call a meeting of the UN Security Council.
The wine in the world is running out!!
Consumption exceeds production and reserves are sharply down.
A Jug of Wine, a Loaf of Bread — and Thou
New York Post:A world-wide wine shortage is set to strike because the industry is under-supplied by roughly 300 million cases a year — the worst dry spell in 50 years, the research firm Morgan Stanley claims.
Wine drinkers across the globe are guzzling more vino than vinyards are producing, thanks to a spike in popularity in the U.S. and China, which has quadrupled its wine consumption in the past five years.
At the same time, top wine-making countries such as France, Spain and Italy are producing less due to land use problems, poor harvests and bad weather, the report claims.
And it’s going to get worse before it gets better, which could cause the cost of wine to spike, experts say.
BBC: The report by Morgan Stanley’s analysts Tom Kierath and Crystal Wang says global wine consumption has been rising since 1996 (except a drop in 2008-09), and presently stands at about 3bn cases per year.
At the same time, there are currently more than one million wine producers worldwide, making some 2.8bn cases each year.
The authors predict that – in the short term – “inventories will likely be reduced as current consumption continues to be predominantly supplied by previous vintages”
And as consumption then inevitably turns to the 2012 vintage, the authors say they “expect the current production shortfall to culminate in a significant increase in export demand, and higher prices for exports globally”.
Bache, bene venies
gratus et optatus
per quem noster animus
fit letificatus.
Iste cyphus concavus
de bono mero profluus
siquis bibit sepius
satur fit et ebrius
Hec sunt vasa regia
quibus spoliatur
ierusalem et regalis
babilon ditatur.
Istud vinum, bonum vinum,
vinum generosum,
reddit virum curialem,
probum, animosum.
The k2p blog 