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Bailout

: Macroprudential

Wine market arbitrage of the day

By Felix Salmon

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Price of 2009 en primeur Chateau Lafite in New York, per case: $17,000

Price of shipping a case of Chateau Lafite from New York to Hong Kong: $40

Price of 2009 en primeur Chateau Lafite in Hong Kong, per case: $70,000

Full post as published by Macroprudential on November 03, 2010 (boomark / email).

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