The Global Wine Glut

Re "Too much of a good thing" [Oct. 30]: Soon the whole inflated and severely overheated Bordeaux market will burst like a soap bubble. Is there any human being who can truly appreciate the difference between an exorbitantly expensive bottle of Bordeaux and an excellent, modestly priced wine from California or Australia? Can one be 20 times happier with a glass of Bordeaux than with a glass of American Cabernet Sauvignon? Only very few wine experts could discern the country of origin, and none of them could taste the prices. The wines of Bordeaux will fall in value when consumers' tastes...

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