Originally posted by: PJ Stroh
https://www.newsweek.com/kentucky-whiskey-distilleries-bankruptcy-2108644
(Q) What happens when Kentucky votes for politiicans who joke about Canada being the 51st state.....and impose trade wars?
(A) The only product that remotely provides Kentucky with a legitimate economy collapses.
You get what you vote for. Sad.
Not a mention in the article about the Covid and Post-Covid ramp up, the insane pricing by distillers and distributors, not to mention massive retail mark up on high demand bottles and over production of barrels.
The whiskey industry isn't moved in months, i.e. since Trump came to office, these are things in the making (distilling, bottling, barreling and distribution) that take years and sometime a decade to come to head.
People are sick of the 'hunt' for unicorns, tired of over priced alcohol, and no longer wish to pay premium for anything in this category. There are so many bottles under $50 that are good quality and a reasonable price that they no longer want bespoke liquor.
So while the article may have some good points, it's not something that can be attributed to just a couple of months. I rate it a 3 of 10.