bignose@mathowie:
“Aging barrels takes up a lot of space that can't be used for anything else for years on end. […] the state's department of transportation spent the last few years renting out every square foot of spare warehouse space they had to dozens of distilleries, who were hungry for ever increasing storage needs to house their barrels for aging. Pretty much any building you saw near a freeway off-ramp was likely filled with bourbon barrels.
“But there's a big lag between a market saying it wants more bourbon, and when a distillery can actually sell more bourbon, a gap of at least several years. That requires distilleries to leverage themselves heavily for a payday that might only come far off in the future, if market conditions and trends continue […]
“This post is actually about A.I. Data Centers.”
https://a.wholelottanothing.org/kentuckys-bourbon-problem/
#ArtificialStupidity #RotEconomy #TheyExpectABailout #PrivatisedBenefits #SocialisedCosts
Kentucky’s Bourbon problem
Bourbon and Whiskey distilling is big in Kentucky and always has been. But it saw a huge surge in the early 2000s, so much so that customer demand outstripped how much Kentucky distilleries could even produce. There were several reasons for this, but personally I feel like everyone was getting