[aculeus]

We're in for a global wine glut in the next few years.

[garyhope]

The wine glut is here now. There's tons of wine everywhere. There's an ocean of wine available out there.

There's still lots of overpriced wine too. Average cabs and merlots for $50 + a bottle. And tons of average or mediocre second and third brands "pinot noir" and cab that's now $10 or 11 a bottle instead of $6 or $7

Tons of wine is still overpriced. Lots of time you're paying for real estate and 2nd career hobbist wine producers.

I love wine and good wine, but it's no longer a holy grail or sacrament to me.